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Addendum To Listing Agreement

Addendum To Listing Agreement Template for Ireland

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Key Requirements PROMPT example:

Addendum To Listing Agreement

"I need an Addendum to Listing Agreement to extend the current listing period by 6 months until July 15, 2025, and modify the commission structure from 2% to 2.5% for my commercial property at 123 O'Connell Street, Dublin."

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Document background
The Addendum To Listing Agreement is a crucial document used in Irish real estate transactions when modifications to an existing listing agreement are required. This document becomes necessary when parties need to update terms such as listing duration, commission structures, property details, or service scope without creating an entirely new agreement. It must comply with Irish property law, particularly the Property Services (Regulation) Act 2011 and PSRA Regulations. The addendum ensures continuity of the original agreement while incorporating necessary changes, providing a clear audit trail of modifications and maintaining legal compliance. It's particularly relevant in dynamic market conditions where flexibility in listing terms may be required, or when circumstances necessitate adjustments to the original listing arrangement.
Suggested Sections

1. Parties: Identification of the property owner/seller and the licensed real estate agent/agency, including their full legal names and addresses

2. Background: Reference to the original Listing Agreement, including its date and any previous modifications, establishing the context for this addendum

3. Definitions: Key terms used in the addendum, particularly any new terms not defined in the original agreement

4. Modifications: Clear statement of the specific changes being made to the original agreement, with reference to the relevant sections being modified

5. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original agreement remain unchanged and in full force and effect

6. Effective Date: Specification of when the modifications take effect

7. Execution: Signature blocks for all parties, including dates and witness provisions if required

Optional Sections

1. Additional Services: Used when the addendum includes new services to be provided by the agent beyond the original agreement

2. Modified Commission Structure: Include when changes to the commission or payment terms are being made

3. Property Details Update: Used when there are changes to the property description or listing details

4. Marketing Modifications: Include when changing the agreed marketing strategy or advertising approach

5. Duration Amendment: Used when modifying the duration of the original listing agreement

Suggested Schedules

1. Schedule A - Modified Terms: Detailed listing of all specific modifications to the original agreement terms, shown in tabular format for clarity

2. Schedule B - Updated Property Information: If applicable, detailed description of any changes to the property details or specifications

3. Schedule C - Revised Fee Structure: If applicable, detailed breakdown of any modifications to fees, commissions, or payment terms

4. Appendix 1 - Original Agreement: Copy of the original Listing Agreement for reference purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses




















Relevant Industries

Residential Real Estate

Commercial Real Estate

Property Management

Real Estate Services

Property Development

Legal Services

Relevant Teams

Legal

Real Estate Operations

Compliance

Sales

Business Development

Property Management

Contract Administration

Risk Management

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Compliance Officer

Real Estate Broker

Property Services Director

Contract Administrator

Business Development Manager

Sales Manager

Property Consultant

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

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