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Real Estate Consulting Agreement Template for Malaysia

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Key Requirements PROMPT example:

Real Estate Consulting Agreement

"I need a Real Estate Consulting Agreement for my property development company based in Kuala Lumpur, engaging a consultant for a 12-month period starting January 2025 to advise on our retail property portfolio expansion strategy."

Document background
The Real Estate Consulting Agreement is essential for professional property consultants operating in Malaysia who provide advisory services to property owners, developers, or investors. This document ensures compliance with Malaysian regulations, particularly the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 and related legislation. It is used when engaging professional consultants for services such as property valuation, market analysis, development advisory, or investment strategy. The agreement includes comprehensive details about service scope, professional fees, deliverables, and compliance requirements, while incorporating necessary protections for both parties under Malaysian law. It's particularly important for maintaining professional standards in Malaysia's property sector and ensuring clear accountability in consulting relationships.
Suggested Sections

1. Parties: Identifies and provides full details of the consultant and the client, including registration numbers and addresses

2. Background: Establishes the context of the agreement, including the client's needs and consultant's qualifications

3. Definitions: Defines key terms used throughout the agreement

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

5. Term and Termination: Duration of the agreement and conditions for termination

6. Fees and Payment Terms: Consulting fees, payment schedule, and reimbursable expenses

7. Obligations of the Consultant: Consultant's duties, professional standards, and compliance requirements

8. Obligations of the Client: Client's responsibilities and commitments

9. Confidentiality: Provisions for handling confidential information

10. Intellectual Property: Ownership and usage rights of materials and deliverables

11. Professional Indemnity: Professional liability and insurance requirements

12. Dispute Resolution: Procedures for handling disputes

13. Governing Law: Specifies Malaysian law as governing law and jurisdiction

14. General Provisions: Standard legal provisions including notices, amendments, and severability

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when sensitive market information is involved

2. Force Majeure: Provisions for unforeseen circumstances, particularly relevant for long-term agreements

3. Assignment: Rules for transferring rights under the agreement, important for larger consulting firms

4. Data Protection: Specific provisions for handling personal data under PDPA 2010, necessary when dealing with individual client data

5. Subcontracting: Terms for engaging subcontractors, used when the consultant may need to delegate work

6. Performance Metrics: Specific KPIs and performance standards, used in more complex consulting arrangements

7. Anti-Corruption: Compliance with anti-corruption laws, particularly important for high-value consulting services

Suggested Schedules

1. Schedule A - Scope of Services: Detailed breakdown of specific consulting services, deliverables, and timelines

2. Schedule B - Fee Structure: Detailed fee calculations, rates, and payment milestones

3. Schedule C - Key Personnel: List of key consultants and their qualifications

4. Schedule D - Service Levels: Specific performance standards and response times

5. Schedule E - Property Details: Details of the specific properties covered under the consulting services

6. Appendix 1 - Required Licenses: Copies of relevant professional licenses and certifications

7. Appendix 2 - Insurance Certificates: Proof of professional indemnity and other required insurance

8. Appendix 3 - Reporting Templates: Standard formats for progress reports and deliverables

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions


























Clauses






























Relevant Industries

Real Estate

Property Development

Commercial Property

Retail Property

Industrial Property

Residential Property

Construction

Property Investment

Facilities Management

Urban Planning

Property Technology

Relevant Teams

Legal

Real Estate

Property Development

Asset Management

Investment

Facilities Management

Operations

Risk Management

Compliance

Finance

Procurement

Relevant Roles

Real Estate Consultant

Property Development Manager

Asset Manager

Investment Director

Property Portfolio Manager

Facilities Manager

Real Estate Analyst

Development Director

Property Valuer

Real Estate Investment Manager

Chief Investment Officer

Head of Real Estate

Property Advisory Director

Real Estate Strategy Consultant

Development Planning 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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