Welcome to Simply-Docs

Estate Agency Terms and Conditions (Multiple Agency)

PROP.EST.44

These Estate Agency Terms and Conditions (Multiple Agency) are designed for estate agents handling residential sales. They outline the responsibilities of both the Agency and the Seller and specify how commission will be paid. Together with the Estate Agency Appointment Form (Multiple Agency), they form the contract between the Agency and the Seller.

This version of the Terms and Conditions should be used where the Agency is appointed on a  “multiple agency” basis. This means the seller may appoint a number of agents to market the property and only the agent who introduces the eventual buyer will receive commission. Other versions are available for “sole selling rights”, “sole agency”, and “joint agency” arrangements.

Clause 1 defines key terms, with some definitions based on the Estate Agents (Provision of Information) Regulations 1991. These must not be altered. 

Clause 2 provides Information about the Agency.

Clause 3 provides Communication and Contact Details.

Clause 4 covers the Agent’s appointment. 

Clause 5 outlines the Agent’s duties, such as preparing particulars, conducting viewings and negotiating a sale.

Clause 6 details the Seller’s commitments, including  verifying the property particulars and paying the Agent’s commission. 

Clause 7 outlines the Cancellation of Contract during the Cooling Off Period as required under the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 which relate to contract made in a consumers home or otherwise off the traders premises. 

Clauses 8 and 9 explains the duration of the Agreement and how the Agreement can be terminated and effects of Termination. 

Clause 10 refers to the Agent’s complaints procedure and specifies the approved redress schemes the Agent is part of. 

Clause 11 includes standard terms on the nature of the Agreement.

Clause 12 is a standard clause dealing with Data Protection.

Clause 13 is a standard clause dealing with Money Laundering Regulations. 

Clause 14 deals with Consumer Protection and Disclosure of Information, including obligations of disclosure of Material Information and material defects. 

Clauses 15 and 16 are standard clauses dealing with the relationship of the parties and VAT.

Clause 17 sets out other Important Terms relating to the Agreement.

Clause 18 details information on other services available to the Seller as well as details of the commissions payable in certain situations.

Clause 19 is a standard law and jurisdiction clause.

Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the document.

These Estate Agency Terms and Conditions (Multiple Agency) are in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.

Once you have purchased access to the appropriate document folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.

Estate Agency Terms and Conditions (Multiple Agency) is part of Property Documents. Just £35.00 + VAT provides unlimited downloads from Property Documents for 1 year.

Simply-4-Business Ltd Registered in England and Wales No. 4868909, 20 Mortlake High Street, Mortlake, London SW14 8JN

Top