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Real Estate Agent Referral Agreement Template for Singapore

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Key Requirements PROMPT example:

Real Estate Agent Referral Agreement

"I need a Real Estate Agent Referral Agreement for my Singapore-based agency to establish a referral partnership with an international property consultancy firm, focusing on luxury residential properties with commission rates starting at 20% of the total commission earned."

Document background
The Real Estate Agent Referral Agreement is essential for formalizing referral arrangements between licensed real estate agents in Singapore. This document is typically used when agents wish to establish a formal referral relationship, whether for one-time transactions or ongoing collaborations. It outlines commission structures, responsibilities, and compliance requirements under Singapore's Estate Agents Act 2010 and CEA guidelines. The agreement provides legal protection for all parties involved and ensures transparency in referral arrangements while maintaining professional standards in the real estate industry.
Suggested Sections

1. Parties: Identification of referring and receiving agents/agencies

2. Background: Context of the referral arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Scope of Referral Arrangement: Details of referral services and obligations

5. Commission Structure: Terms of payment and commission splitting

6. Confidentiality: Protection of confidential information and client data

7. Term and Termination: Duration and termination provisions

8. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Non-Competition: Restrictions on competing activities between the parties

2. Marketing and Branding: Guidelines for using each other's brands and marketing materials

3. Insurance: Insurance requirements and liability coverage provisions

4. Force Majeure: Provisions for handling unforeseen circumstances and events beyond parties' control

Suggested Schedules

1. Commission Schedule: Detailed breakdown of commission rates and calculation methods

2. Referral Process: Step-by-step process for handling referrals

3. Required Documentation: List of documents needed for referral processing

4. Contact Information: Key contacts and communication protocols for both parties

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




















Industries

Estate Agents Act 2010 (Chapter 95A): Primary legislation that regulates the real estate agency industry in Singapore, establishes licensing requirements for estate agents and salespersons, and defines the scope of real estate agency work

Estate Agents (Estate Agency Work) Regulations 2010: Subsidiary legislation that provides detailed requirements for conducting estate agency work and establishes rules for cooperation between agents

Council for Estate Agencies (CEA) Guidelines: Regulatory guidelines covering professional conduct, code of ethics, commission structures, and specific requirements for referral arrangements in the real estate industry

Personal Data Protection Act 2012 (PDPA): Legislation governing the collection, use, and disclosure of personal data, including requirements for consent when sharing client information between agents

Contract Law (Chapter 53): Fundamental legislation governing contract formation, terms and conditions, and the rights and obligations of contracting parties in Singapore

Prevention of Money Laundering and Terrorism Financing: Regulatory requirements for due diligence and reporting obligations in real estate transactions to prevent money laundering and terrorism financing

Competition Act (Chapter 50B): Legislation governing anti-competitive practices and commission splitting arrangements between real estate agents

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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