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The Real Estate Independent Contractor Agreement is essential for real estate companies in Nigeria seeking to engage professional agents or brokers as independent contractors rather than employees. This document is commonly used when a real estate company wants to expand its operations through independent professionals while maintaining clear boundaries between employment and contractor relationships. The agreement must comply with Nigerian real estate regulations, including the Estate Surveyors and Valuers Registration Act and the Land Use Act of 1978. It typically includes detailed provisions about commission structures, service expectations, professional obligations, and compliance requirements specific to the Nigerian real estate market. This type of agreement is particularly important for protecting both parties' interests and ensuring clear understanding of responsibilities, compensation, and operational procedures in the context of Nigerian real estate practice.

1. Parties: Identifies and provides full details of the contracting parties - the real estate company/broker and the independent contractor

2. Background: Explains the context of the agreement, including the company's business and contractor's qualifications

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Status: Establishes the independent contractor relationship and explicitly disclaims any employer-employee relationship

5. Scope of Services: Details the real estate services the contractor will provide

6. Term: Specifies the duration of the agreement and renewal terms

7. Compensation: Details commission structure, payment terms, and any fee-splitting arrangements

8. Contractor's Obligations: Lists specific duties, responsibilities, and performance expectations

9. Company's Obligations: Outlines what support, resources, and services the company will provide

10. Compliance with Laws: Requires adherence to relevant Nigerian real estate and business laws

11. Licenses and Permits: Specifies required professional licenses and responsibility for maintaining them

12. Confidentiality: Protects confidential information of both parties and clients

13. Non-Solicitation: Prevents solicitation of company's clients or other contractors during and after the agreement

14. Insurance and Liability: Specifies insurance requirements and allocation of liability

15. Termination: Details grounds for termination and the termination process

16. Post-Termination Obligations: Outlines obligations and restrictions after agreement ends

17. Governing Law and Jurisdiction: Specifies Nigerian law as governing law and sets jurisdiction for disputes

18. General Provisions: Includes standard clauses like notices, amendments, and severability