Real Estate Advisory Services Agreement Template for Singapore

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Key Requirements PROMPT example:

Real Estate Advisory Services Agreement

"I need a Real Estate Advisory Services Agreement for a Singapore-based commercial property consultancy firm providing market analysis and investment advisory services to institutional clients, with specific provisions for cross-border transactions and quarterly reporting requirements."

What is a Real Estate Advisory Services Agreement?

The Real Estate Advisory Services Agreement is essential for formalizing professional relationships in Singapore's dynamic property market. This document is typically used when engaging specialized real estate consultants for strategic advice, market analysis, or transaction support. It ensures compliance with Singapore's regulatory framework, including the Estate Agents Act and CEA guidelines, while protecting both parties' interests. The agreement comprehensively covers service scope, compensation, confidentiality, and liability, adapting to various real estate sectors from commercial to residential properties.

What sections should be included in a Real Estate Advisory Services Agreement?

1. Parties: Identification and details of the advisor and client

2. Background: Context and purpose of the advisory relationship

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of advisory services to be provided

5. Fees and Payment Terms: Compensation structure and payment conditions

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

7. Confidentiality: Protection of confidential information

8. Liability and Indemnification: Allocation of risks and responsibilities

What sections are optional to include in a Real Estate Advisory Services Agreement?

1. Non-Competition: Restrictions on competitive activities - used when protecting market position is crucial

2. Force Majeure: Provisions for unforeseen circumstances - used when long-term commitments are involved

3. Insurance: Required insurance coverage - used when significant liability risks exist

4. Assignment: Rights to transfer obligations - used when potential corporate restructuring is anticipated

What schedules should be included in a Real Estate Advisory Services Agreement?

1. Schedule of Services: Detailed breakdown of specific advisory services

2. Fee Schedule: Detailed fee structure and payment milestones

3. Service Level Agreement: Performance metrics and service standards

4. Key Personnel: List of key team members and their roles

5. Compliance Requirements: Specific regulatory requirements and certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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

Commercial Real Estate
Residential Real Estate
Hospitality
Mixed-Use Development

Relevant Teams

Real Estate
Legal
Finance
Business Development
Risk Management
Compliance
Investment
Property Management

Relevant Roles

Real Estate Advisory Director
Property Investment Manager
Real Estate Consultant
Asset Manager
Investment Analyst
Property Portfolio Manager
Real Estate Strategy Director
Transaction Manager

Industries

Estate Agents Act 2010: Primary legislation governing real estate agency work in Singapore, establishing the regulatory framework for property agents and agencies

Estate Agents (Estate Agency Work) Regulations: Detailed regulations specifying requirements for conducting estate agency work, including professional duties and responsibilities

Real Estate Developers (Control and Licensing) Act: Legislation controlling and licensing real estate developers, affecting how advisory services interact with development projects

CEA Guidelines and Code of Ethics: Professional standards and ethical guidelines established by the Council for Estate Agencies for property agents and agencies

Council for Estate Agencies (Estate Agents and Salespersons) Regulations: Specific regulations governing the conduct and operations of estate agents and salespersons

Contract Law (Common Law): Fundamental principles of contract law under Singapore's common law system, governing formation and enforcement of contracts

Civil Law Act: General civil law principles affecting contracts and civil obligations in Singapore

Misrepresentation Act: Law governing false or misleading statements in contractual relationships and remedies for misrepresentation

Consumer Protection (Fair Trading) Act: Protection for consumers against unfair practices in trade, including real estate transactions

Residential Property Act: Regulations concerning residential property ownership and transactions in Singapore

Planning Act: Law governing land use and development planning in Singapore

Housing Developers (Control and Licensing) Act: Legislation controlling housing developers' activities and protecting buyers' interests

Building Control Act: Regulations concerning building works, safety standards, and structural requirements

Personal Data Protection Act 2012: Law governing the collection, use, disclosure, and care of personal data in Singapore

Anti-Money Laundering Regulations: Requirements for preventing and detecting money laundering in real estate transactions

Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act: Law addressing proceeds of crime and money laundering in various sectors including real estate

Professional Service Providers Regulations: General regulations governing professional service providers in Singapore

Business Registration Act: Law governing the registration and regulation of businesses in Singapore

Goods and Services Tax Act: Tax legislation affecting the charging and collection of GST on real estate services

Income Tax Act: Law governing income taxation, including taxation of real estate advisory services

Property Tax Act: Legislation concerning the taxation of property and related services in Singapore

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Let's create your Real Estate Advisory Services Agreement

What is a Real Estate Advisory Services Agreement?

What sections should be included in a Real Estate Advisory Services Agreement?

What sections are optional to include in a Real Estate Advisory Services Agreement?

What schedules should be included in a Real Estate Advisory Services Agreement?

Authors

Alex Denne

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