Sole Selling Rights Agreement for Malta
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Sole Selling Rights Agreement
"I need a Sole Selling Rights Agreement under Maltese law for my luxury villa in Valletta, with a 6-month exclusivity period starting from January 2025 and including international marketing provisions."
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1. Parties: Identification of the property owner/seller and the appointed real estate agent, including full legal names, registration numbers (if applicable), and addresses
2. Background: Context of the agreement, including brief description of the property and the owner's intention to grant sole selling rights
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Sole Selling Rights', 'Commission', 'Effective Date', etc.
4. Appointment and Scope: Express appointment of the agent with sole selling rights and detailed scope of services to be provided
5. Duration: Term of the agreement, including start date and initial period
6. Agent's Rights: Detailed description of the exclusive rights granted to the agent
7. Agent's Obligations: Specific duties and responsibilities of the agent, including marketing efforts, showing the property, etc.
8. Owner's Obligations: Owner's responsibilities, including providing access to the property and necessary documentation
9. Commission Structure: Detailed breakdown of commission rates, payment terms, and circumstances under which commission becomes payable
10. Property Details: Specific information about the property, including asking price or price range
11. Marketing Requirements: Minimum marketing activities to be undertaken by the agent
12. Termination: Circumstances and procedures for terminating the agreement
13. Post-Termination Rights: Rights and obligations that survive termination, including commission rights for introduced buyers
14. Governing Law and Jurisdiction: Confirmation of Maltese law as governing law and jurisdiction for disputes
1. Data Protection: Required when personal data processing is involved, detailing GDPR compliance measures
2. Online Marketing: Specific provisions for digital marketing when the agent will conduct significant online promotion
3. International Marketing: Additional provisions for marketing the property internationally
4. Sub-Agents: Terms governing the appointment and management of sub-agents, if permitted
5. Force Majeure: Provisions for handling unforeseen circumstances preventing performance
6. Anti-Money Laundering: Specific provisions regarding AML compliance when dealing with high-value properties
7. Alternative Dispute Resolution: Provisions for mediation or arbitration as alternatives to court proceedings
1. Property Schedule: Detailed description of the property, including boundaries, fixtures and fittings, and any exclusions
2. Commission Schedule: Detailed breakdown of commission rates, including any sliding scales or special circumstances
3. Marketing Plan: Detailed marketing strategy and minimum activities to be undertaken
4. Property Documentation: List of all property-related documents provided by the owner
5. Approved Marketing Materials: Templates or examples of approved marketing materials and property descriptions
6. Service Level Agreement: Detailed performance metrics and service standards for the agent
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Retail Property
Industrial Property
Hospitality
Tourism
Investment Services
Property Management
Legal
Real Estate
Sales
Business Development
Compliance
Property Management
Operations
Contract Administration
Marketing
Asset Management
Real Estate Agent
Property Broker
Sales Director
Business Development Manager
Property Manager
Legal Counsel
Contracts Manager
Real Estate Partner
Property Consultant
Sales Manager
Managing Director
Compliance Officer
Property Developer
Asset Manager
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