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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."
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
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
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
Real Estate
Property Development
Commercial Property
Retail Property
Industrial Property
Residential Property
Construction
Property Investment
Facilities Management
Urban Planning
Property Technology
Legal
Real Estate
Property Development
Asset Management
Investment
Facilities Management
Operations
Risk Management
Compliance
Finance
Procurement
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
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