Disclaimer
The content provided is intended solely as a general example for informational purposes related to commission agreements within the property and brokerage industry in the UK. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified solicitor specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.
Please note: This is a sample Commission Contract template for the UK, intended for illustrative purposes only. Actual terms may vary depending on specific agreements and applicable UK laws.
UK Commission Contract Sample
Parties Involved:
Agent: ABC Property Agents Ltd
Address: 123 London Road, London, SW1A 1AA
Client: John Doe
Address: 456 Baker Street, London, NW1 5LG
Property Details:
The property subject to this agreement is located at 789 High Street, London, or other designated premises as specified in subsequent negotiations.
Commission Terms:
The agent shall be entitled to a commission of 2% of the final sale price or lease amount, payable upon completion of the transaction, unless otherwise agreed in writing.
Agent Responsibilities:
The agent agrees to undertake all necessary duties related to marketing, showing, and negotiating the property on behalf of the client, in accordance with UK regulations and standards of professional conduct.
Governing Law:
This agreement shall be governed by the laws of England and Wales. Any disputes shall be resolved within the courts of England and Wales.
Additional Provisions:
- The client agrees to cooperate fully with the agent in relation to the property transaction.
- This agreement may only be amended in writing signed by both parties.
- Commissions are payable only upon successful completion of the sale or lease.
London, ______________________
John Doe (Client)
Jane Smith (Agent)