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Real Estate Consulting Agreement Template for Singapore

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Key Requirements PROMPT example:

Real Estate Consulting Agreement

"I need a Real Estate Consulting Agreement for my Singapore-based firm to provide market analysis and investment advisory services to international clients, with specific clauses about cross-border transactions and data protection compliance."

Document background
The Real Estate Consulting Agreement is essential for formalizing professional relationships in Singapore's property market. This document, governed by Singapore law and regulated under the Estate Agents Act 2010, defines the scope of consulting services, professional obligations, fee structures, and compliance requirements. It's particularly important for protecting both consultants' and clients' interests while ensuring adherence to CEA guidelines. The agreement typically covers various aspects of real estate consulting, from market analysis to investment advisory services, and is designed to meet Singapore's strict regulatory requirements for real estate professionals.
Suggested Sections

1. Parties: Identification of the consultant and client, including registration details and addresses

2. Background: Context of the agreement and brief description of the consulting services to be provided

3. Definitions: Key terms used throughout the agreement, including specific real estate terminology

4. Scope of Services: Detailed description of consulting services to be provided

5. Term and Termination: Duration of agreement and conditions for termination

6. Fees and Payment Terms: Consulting fees, payment schedule, and related terms

7. Obligations of the Consultant: Professional duties, compliance with CEA regulations, and service standards

8. Obligations of the Client: Client responsibilities and cooperation requirements

9. Confidentiality: Protection of confidential information and trade secrets

10. Governing Law: Singapore law governance and jurisdiction clause

Optional Sections

1. Insurance: Professional indemnity insurance requirements - recommended for high-value consulting services or when required by client

2. Non-Competition: Restrictions on competing activities - useful when protecting market position or client relationships

3. Force Majeure: Provisions for unforeseen circumstances - recommended for long-term commitments

4. Assignment: Rights to transfer obligations - important when either party might need to transfer rights

Suggested Schedules

1. Schedule of Services: Detailed breakdown of consulting services and deliverables

2. Fee Schedule: Detailed breakdown of fees and payment structure

3. Service Level Agreement: Performance metrics and service standards

4. Compliance Checklist: CEA compliance requirements and documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
























Clauses






























Industries

Estate Agents Act 2010: Primary legislation governing real estate agency work in Singapore, including consulting services. Establishes licensing framework and regulatory requirements.

Estate Agents (Estate Agency Work) Regulations: Detailed regulations specifying requirements for estate agency work, including professional conduct and operational requirements.

Real Estate Developers (Control and Licensing) Act: Legislation controlling development of real estate projects and licensing of developers, relevant for consulting work involving development projects.

Residential Property Act: Controls and restricts purchase of residential properties by foreign persons and entities in Singapore.

Planning Act: Governs land use and development in Singapore, crucial for consulting work involving property development or land use.

CEA Guidelines and Code of Ethics: Professional standards and ethical guidelines established by the Council for Estate Agencies for real estate professionals.

Contract Law (Chapter 53): Fundamental legislation governing formation and enforcement of contracts in Singapore.

Personal Data Protection Act 2012: Regulates collection, use, and disclosure of personal data in Singapore, crucial for handling client information.

Goods and Services Tax Act: Tax legislation relevant for billing and charging consulting fees.

Employment Act: Relevant if the consulting agreement involves employment relationships or contractor arrangements.

Central Provident Fund Act: mandatory social security savings scheme, relevant if consulting arrangement involves employment relationships.

Anti-Money Laundering Regulations: Including the Corruption, Drug Trafficking and Other Serious Crimes Act, requiring due diligence in real estate transactions.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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