Ƶ

Sales Inspection Report And Exclusive Agency Agreement Template for Malta

A comprehensive legal document governed by Maltese law that combines a detailed property inspection report with an exclusive agency agreement. The document serves dual purposes: documenting the current condition, features, and any defects of a property while simultaneously establishing an exclusive relationship between the property owner and the real estate agent for the property's sale. It complies with Malta's Real Estate Agents, Property Brokers and Property Consultants Act (Cap. 615) and related regulations, providing both parties with clear rights, obligations, and protections under Maltese law.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Sales Inspection Report And Exclusive Agency Agreement?

The Sales Inspection Report And Exclusive Agency Agreement is a crucial document in Maltese real estate transactions, utilized when a property owner wishes to engage a real estate agent as the exclusive representative for selling their property while simultaneously documenting the property's condition. This document type emerged from the requirements of Malta's real estate regulations, particularly the Real Estate Agents, Property Brokers and Property Consultants Act (Cap. 615), which mandates professional standards in property transactions. It serves to protect both parties' interests by clearly documenting the property's condition at listing and establishing the terms of the exclusive agency relationship. The agreement is particularly important in Malta's dynamic property market, where accurate property documentation and clear agency terms are essential for successful transactions.

What sections should be included in a Sales Inspection Report And Exclusive Agency Agreement?

1. Parties: Identification of the Property Owner and the Licensed Real Estate Agent

2. Background: Context of the agreement, including property details and purpose of the arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Terms of the exclusive agency appointment and scope of services

5. Property Details: Full details of the subject property including address and registration information

6. Listing Price and Commission: Agreed listing price and agent's commission structure

7. Duration and Termination: Term of the exclusive agency agreement and termination provisions

8. Agent's Obligations: Detailed responsibilities and duties of the real estate agent

9. Owner's Obligations: Responsibilities and warranties of the property owner

10. Marketing Authorization: Terms regarding property marketing and advertising

11. Confidentiality: Confidentiality obligations of both parties

12. Execution: Signature block and execution details

What sections are optional to include in a Sales Inspection Report And Exclusive Agency Agreement?

1. Post-Termination Obligations: Additional terms regarding obligations after agreement termination, used when specific post-term protections are needed

2. Third-Party Referrals: Terms regarding referral arrangements with other agents, used when cooperation with other agencies is permitted

3. Professional Indemnity: Additional insurance and liability terms, used for high-value properties

4. Dispute Resolution: Specific dispute resolution procedures, used for complex arrangements or high-value properties

5. Virtual Tours and Digital Marketing: Special terms for digital marketing services, used when advanced marketing services are included

What schedules should be included in a Sales Inspection Report And Exclusive Agency Agreement?

1. Schedule 1 - Property Inspection Report: Detailed inspection findings including property condition, features, and defects

2. Schedule 2 - Property Photographs: Dated photographs documenting property condition and features

3. Schedule 3 - Marketing Plan: Detailed marketing strategy and activities to be undertaken

4. Schedule 4 - Commission Structure: Detailed breakdown of commission rates and payment terms

5. Appendix A - Property Documents: List of property documents provided by owner (permits, certificates, etc.)

6. Appendix B - Property Measurements: Detailed property measurements and floor plans

7. Appendix C - Maintenance Records: Summary of recent maintenance and improvements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Malta

Publisher

Ƶ

Document Type

Cost

Free to use

Find the exact document you need

No items found.
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it