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Estate Agency Agreement Template for Austria

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Key Requirements PROMPT example:

Estate Agency Agreement

"I need an Estate Agency Agreement for exclusive representation in selling my luxury residential property in Vienna, with a minimum six-month commitment starting March 1, 2025, including comprehensive digital marketing services and a success-based commission structure."

Document background
The Estate Agency Agreement is a fundamental document used in Austrian real estate transactions to formalize the relationship between real estate agents and their clients. This agreement is essential when engaging a professional real estate agent to market, sell, or lease property in Austria. The document must comply with Austrian legislation, particularly the MaklerG (Real Estate Agent Act) and the ABGB (Austrian Civil Code), which set specific requirements for real estate brokerage services. It typically includes detailed provisions about the agent's services, commission structures, exclusivity terms, and obligations of both parties. The agreement is designed to protect both the agent's and client's interests while ensuring transparency and compliance with Austrian consumer protection laws, data protection regulations, and anti-money laundering requirements.
Suggested Sections

1. Parties: Identification of the estate agent and the client (seller/landlord or buyer/tenant), including full legal names, addresses, and registration details

2. Background: Context of the agreement and brief description of the property-related services being sought

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

4. Scope of Services: Detailed description of the estate agent's services, including marketing, viewings, and negotiation responsibilities

5. Duration of Agreement: Term of the agreement, including start date and termination conditions

6. Commission Structure: Detailed breakdown of the agent's commission, payment terms, and conditions for commission becoming due

7. Agent's Obligations: Specific duties and responsibilities of the estate agent, including disclosure requirements under MaklerG

8. Client's Obligations: Client's responsibilities, including providing accurate information and cooperation requirements

9. Exclusivity Terms: Whether the agreement is exclusive or non-exclusive, and related conditions

10. Termination: Conditions and process for terminating the agreement, including notice periods

11. Data Protection: GDPR compliance and handling of personal data

12. Governing Law: Confirmation of Austrian law application and jurisdiction

Optional Sections

1. Dual Agency Provisions: Required when the agent may represent both parties in the transaction

2. International Client Provisions: Additional terms for non-Austrian clients, including language requirements and international payment terms

3. Property Management Services: Additional terms if the agent will provide property management services

4. Marketing Budget: Specific terms regarding marketing expenses and cost allocation

5. Success Bonus: Additional compensation terms for achieving specific targets or timeframes

6. Alternative Dispute Resolution: Terms for mediation or arbitration procedures

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of the property to be sold/let, including address, specifications, and known issues

2. Schedule 2 - Commission Schedule: Detailed breakdown of commission rates, calculation methods, and payment terms

3. Schedule 3 - Marketing Plan: Specific marketing activities and timeline

4. Schedule 4 - Required Documentation: List of necessary documents for the transaction

5. Appendix A - Agent's Professional Credentials: Copies of relevant licenses and professional certifications

6. Appendix B - Privacy Policy: Detailed data protection and privacy policies

7. Appendix C - Standard Terms and Conditions: General terms and conditions in compliance with Austrian law

Authors

Alex Denne

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

Relevant legal definitions



































Clauses

































Relevant Industries

Real Estate

Property Development

Construction

Property Management

Real Estate Investment

Hospitality

Retail

Commercial Property

Residential Property

Asset Management

Banking and Finance

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Contract Management

Property Management

Asset Management

Investment

Risk Management

Relevant Roles

Real Estate Agent

Property Manager

Real Estate Broker

Business Development Manager

Legal Counsel

Contracts Manager

Real Estate Investment Manager

Property Development Manager

Asset Manager

Compliance Officer

Real Estate Portfolio Manager

Sales Director

Commercial Property Manager

Residential Property Manager

Industries






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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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