Document background
The Termination Of Buyer Agency Agreement Form is a crucial document used in Singapore's real estate sector when a buyer wishes to end their formal relationship with a real estate agent. This document becomes necessary when either party wishes to terminate the agreement before its natural conclusion, when the original objectives cannot be met, or when there's mutual agreement to end the relationship. It must comply with Singapore's Estate Agents Act and CEA guidelines, addressing key aspects such as notice periods, outstanding commissions, and mutual releases from obligations. The form protects both parties' interests and provides clear documentation of the termination terms.
