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Leasing Agent Contract
"I need a Leasing Agent Contract for our Singapore real estate agency to engage a new senior agent who will focus exclusively on high-end residential properties in the central region, with a graduated commission structure starting at 5% and increasing based on performance targets."
1. Parties: Identification of the Principal (company/agency) and the Agent, including registration details
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of services
5. Agent's Obligations: Core duties, responsibilities, and professional standards
6. Commission Structure: Payment terms, commission rates, and calculation methods
7. Compliance Requirements: Regulatory compliance obligations and professional standards
8. Term and Termination: Duration of agreement and termination provisions
9. Confidentiality: Protection of confidential information and trade secrets
1. Training Requirements: Professional development obligations - use when specific training requirements need to be included for new agents
2. Marketing Standards: Guidelines for advertising and promotion - include when agent has marketing responsibilities
3. Performance Targets: Specific KPIs and metrics - include when performance-based incentives are part of the agreement
4. Non-Compete Clause: Restrictions on competitive activities - include for senior agents or specialized markets
1. Commission Schedule: Detailed breakdown of commission structures and calculations
2. Territory Schedule: Defined geographical areas or property types covered
3. Professional Standards Guidelines: Detailed professional conduct requirements
4. Required Forms and Ƶ: Standard documentation to be used by the agent
5. Insurance Requirements: Details of required professional indemnity insurance
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