The Parties to this agreement shall be named as follows
| Foreignproperty Limited | And | Estate Agent | | Godolphin House | | name and address | | 2 The Avenue | | | Newmarket | | | Suffolk | | | CB8 9AA | | | England | |
Whereas:
It is agreed that the above parties shall enter into an “Agreement of Collaboration” for the marketing of properties. This contract is valid for 1 year, from the date of signature and will be automatically renewed, providing either agent has not terminated the contract in writing. When a sales contract is made out of collaboration between the two parties, it is agreed that:
The gross commission will be divided between the two parties 70% - 30% (Name 70% - Foreignproperty Limited 30%) against any completed sale as a result of a documented referral from Foreignproperty Limited. The fee will be paid in Euros, Pounds or United States Dollars to Foreignproperty Limited within 14 days of the completed sale, or when the Name receives their commission whichever is the earlier. Unpaid commission will incur interest at Barclays Bank Plc Base Rate plus 3% per annum. The specific costs incurred by the two parties for the sale of the property are the sole responsibility of each agent, such as the maintenance of their offices, advertising and publicity, travelling expenses, hotel or car hire etc… Any other agreement between the two parties will have to be separate and in writing.
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Adam Irish |
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On behalf of Foreignproperty Limited |
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Name of authorised signatory |
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On behalf of Company Name |
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No Liability whatsoever shall arise to Foreignproperty Limited to the Name or the Purchaser / Vendor of any properties referred / arising from this agreement.
NOTE:Items in red are to be altered by yourselves before signing the contract. Two copies of this agreement should be printed out, signed and dated. Both copies should then be sent to Foreignproperty Limited at the address above. One of these copies will be signed by us and returned to you at the address given. Download this agreement in Microsoft Word (doc) format here
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