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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."
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
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
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
Real Estate
Property Development
Construction
Property Management
Real Estate Investment
Hospitality
Retail
Commercial Property
Residential Property
Asset Management
Banking and Finance
Legal
Real Estate
Sales
Business Development
Compliance
Contract Management
Property Management
Asset Management
Investment
Risk Management
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
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