The Buyer Tenant Agency Contract is a fundamental document in Singapore's real estate industry, essential for establishing a formal agency relationship between property agents and their clients. It is required under the Estate Agents Act 2010 and CEA regulations when representing buyers or tenants in property transactions. The contract outlines the agent's duties in property search, negotiation, and transaction support, while protecting both parties' interests through clear terms and conditions. It includes crucial elements such as commission structures, service scope, and compliance with Singapore's property regulations, including specific provisions for HDB properties where applicable.
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1. Parties: Identification of the agent and the buyer/tenant client
2. Background: Context of the agency appointment and property search requirements
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope of Services: Details of agent's appointment and services to be provided
5. Agent's Obligations: Duties and responsibilities of the agent
6. Client's Obligations: Duties and responsibilities of the buyer/tenant
7. Commission Structure: Details of fees, commission rates, and payment terms
8. Term and Termination: Duration of agreement and termination provisions
9. Confidentiality: Protection of confidential information
1. Dual Agency Provisions: Required when agent may represent both parties in the transaction
2. Foreign Buyer Provisions: Additional requirements and provisions specific to foreign buyers/tenants
3. HDB-Specific Clauses: Special provisions and requirements when dealing with HDB properties
1. Schedule of Services: Detailed list of services to be provided by the agent
2. Commission Schedule: Detailed breakdown of commission structure and calculations
3. Property Requirements: Client's specific requirements for the property search
4. CEA Prescribed Forms: Mandatory forms required by the Council for Estate Agencies
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