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Real Estate Agent Contract Template for Austria

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Key Requirements PROMPT example:

Real Estate Agent Contract

"I need a Real Estate Agent Contract for an exclusive 6-month agreement to sell my luxury apartment complex in Vienna, with a minimum property valuation of 鈧5 million and including provisions for international marketing and virtual viewings."

Document background
The Real Estate Agent Contract (Maklervertrag) is a fundamental document in Austrian real estate transactions, essential for establishing the formal relationship between real estate agents and their clients. This contract is required whenever a professional real estate agent is engaged to provide property-related services in Austria, whether for sales, purchases, or leasing transactions. The document must comply with the Austrian Real Estate Broker Act (Maklergesetz), the Austrian Civil Code (ABGB), and relevant consumer protection legislation. It typically includes detailed provisions about the agent's services, commission structures, client obligations, and specific requirements for property transactions in Austria. The contract serves as a crucial tool for protecting both the agent's and client's interests while ensuring transparency and legal compliance in the Austrian real estate market.
Suggested Sections

1. Parties: Identification of the real estate agent and the client, including full legal names, addresses, and registration/license numbers for the agent

2. Background: Brief context of the agreement and the client's intention to engage the agent's services

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements,' 'Commission,' 'Successful Transaction,' etc.

4. Scope of Services: Detailed description of the real estate agent's services, whether for purchase, sale, or lease of property

5. Agent's Rights and Obligations: Comprehensive list of the agent's duties, including marketing efforts, showings, negotiations, and documentation requirements

6. Client's Rights and Obligations: Client's responsibilities, including providing accurate information, cooperation requirements, and exclusivity provisions if applicable

7. Commission Structure: Detailed breakdown of commission rates, calculation methods, and triggering events for payment

8. Payment Terms: Specifics about when and how commission payments are to be made, including any deposit requirements

9. Duration and Termination: Contract period, renewal terms, and conditions for termination by either party

10. Confidentiality: Provisions regarding the handling of confidential information and data protection requirements

11. Liability and Insurance: Scope of agent's liability, professional indemnity insurance, and limitation of liability provisions

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

Optional Sections

1. Dual Agency: Required when the agent may represent both buyer and seller, detailing how conflicts will be managed

2. International Transactions: Needed for cross-border real estate transactions, including specific provisions for international clients

3. Marketing Budget: Optional section detailing agreed marketing expenditure and cost allocation between parties

4. Sub-Agents: Required when the agent may engage other agents or brokers to assist in fulfilling the contract

5. Property Management: Needed when the agent will provide additional property management services

6. Digital Services: Optional section covering virtual viewings, online marketing, and digital documentation services

Suggested Schedules

1. Schedule 1 - Property Requirements: Detailed specification of the property requirements (for buying/renting) or property details (for selling/letting)

2. Schedule 2 - Commission Rates: Detailed breakdown of commission structures for different transaction types and values

3. Schedule 3 - Marketing Plan: Specific marketing activities and timeline planned for the property

4. Appendix A - Agent's Credentials: Copies of agent's licenses, registrations, and professional certifications

5. Appendix B - Standard Information Form: Mandatory consumer information form as required by Austrian consumer protection law

6. Appendix C - Data Protection Notice: GDPR-compliant privacy notice detailing how personal data will be processed

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

Residential Property

Commercial Property

Retail Property

Industrial Property

Hospitality

Property Technology

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Operations

Property Management

Contract Administration

Risk Management

Investment

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Property Consultant

Sales Director

Business Development Manager

Property Portfolio Manager

Legal Counsel

Compliance Officer

Contract Manager

Real Estate Partner

Managing Director

Property Acquisition Manager

Real Estate Investment 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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