Disclaimer
The information provided is intended solely as a general example for illustrative purposes related to professional fee arrangements within the property and real estate sectors. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified legal expert specializing in Australian real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be necessary to ensure compliance with specific local requirements. The use of this example is entirely at the user’s own risk, and no liability is accepted for any errors, omissions, or consequences resulting from its use without professional review.
Please be advised: This is an example of a Commission Agreement for Australia, provided for informational purposes only. The actual terms may differ based on specific arrangements and applicable Australian laws.
Commission Agreement Australia Sample
Parties Involved:
Agent: XYZ Real Estate Pty Ltd
Address: 123 Harbour Street, Sydney NSW 2000
Client: John Doe
Address: 456 Maple Avenue, Sydney NSW 2000
Property Details:
The property subject to this agreement is located at 789 Oak Drive, Sydney NSW 2001, or other specified estate as agreed upon in subsequent negotiations.
Commission Terms:
The agent shall be entitled to a commission equivalent to 2.5% of the total sale price or lease value, payable upon the successful settlement or lease signing, unless otherwise stipulated herein.
Agent Responsibilities:
The agent commits to perform all duties related to marketing, showing, and negotiating on behalf of the client, in accordance with Australian property laws and professional standards.
Governing Law:
This agreement shall be governed by the laws of New South Wales, Australia. Disputes shall be resolved within the courts of Sydney.
Additional Provisions:
- The client agrees to cooperate fully with the agent regarding the transaction.
- This agreement can only be amended by written agreement signed by both parties.
- Commissions are payable only upon successful settlement or lease agreement.
Sydney, ______________________
Alex Johnson (Agent)
John Doe (Client)