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Agent Referral Fee Agreement Template for Singapore

An Agent Referral Fee Agreement is a legally binding document used in Singapore that establishes the terms and conditions under which one party (the referring agent) refers clients or business opportunities to another party (the recipient agent) in exchange for a fee. The agreement is governed by Singapore law and must comply with the Estate Agents Act 2010, CEA Guidelines, and other relevant regulations. It details the referral arrangement, fee structure, payment terms, obligations of both parties, and includes provisions for confidentiality and dispute resolution.

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What is a Agent Referral Fee Agreement?

The Agent Referral Fee Agreement is essential for businesses operating in Singapore that rely on referral networks for client acquisition. This document formalizes referral arrangements between agents, protecting both parties' interests while ensuring compliance with Singapore's regulatory framework. The agreement typically includes detailed fee structures, payment terms, scope of services, and compliance requirements under the Estate Agents Act 2010 and CEA Guidelines. It's particularly important in regulated industries where referral arrangements must be transparent and properly documented.

What sections should be included in a Agent Referral Fee Agreement?

1. Parties: Identification and details of the referring agent and recipient agent

2. Background: Context of the referral arrangement and business relationship

3. Definitions: Key terms used tHRoughout the agreement including 'Referral', 'Referral Fee', 'Territory', and 'Services'

4. Scope of Referral Arrangement: Details of referral services and territories covered

5. Referral Fee Structure: Fee calculation, payment terms, and conditions

6. Obligations of Parties: Responsibilities and duties of both parties including compliance with laws and regulations

7. Term and Termination: Duration of agreement and termination provisions

8. Confidentiality: Protection of confidential information and data privacy compliance

9. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement

What sections are optional to include in a Agent Referral Fee Agreement?

1. Non-Competition: Restrictions on competitive activities, typically used when protecting market territory is important

2. Marketing and Branding: Guidelines for using each party's branding and marketing materials

3. Insurance Requirements: Specific insurance coverage requirements for higher-risk referral arrangements

4. Performance Metrics: Specific targets or KPIs for measuring referral success and quality

What schedules should be included in a Agent Referral Fee Agreement?

1. Schedule 1 - Fee Schedule: Detailed breakdown of fee structures and calculations

2. Schedule 2 - Referral Process: Step-by-step procedure for making and handling referrals

3. Schedule 3 - Territory Map: Geographic areas covered by the agreement

4. Schedule 4 - Required Forms: Standard forms for referral submission and tracking

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

Jurisdiction

Singapore

Document Type

Referral Agreement

Sector

Sales

Cost

Free to use

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