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The Estate Agency Agreement serves as the foundational document for establishing a professional relationship between real estate agents/brokerages and their clients in Canada. This agreement is essential for any property transaction, whether buying or selling, and must comply with provincial real estate regulations and federal laws. The document typically includes detailed terms about service scope, commission structures, duration of representation, and both parties' obligations. It's particularly important as it provides legal protection for all parties involved and ensures transparency in the agency relationship. The agreement must adhere to specific provincial real estate board requirements and often includes provisions for various scenarios such as multiple representation or international property marketing. Estate Agency Agreements are crucial for maintaining professional standards in real estate transactions and protecting consumer interests across Canadian jurisdictions.

1. Parties: Identification of the client(s) and the licensed real estate brokerage/agent, including licensing details and contact information

2. Background: Context of the agreement, including whether it's for selling or buying property, and any specific circumstances

3. Definitions: Key terms used throughout the agreement, including technical real estate terminology and contract-specific definitions

4. Appointment and Authority: Formal appointment of the agent and scope of authority granted by the client

5. Term of Agreement: Duration of the agency relationship, including start and end dates

6. Services to be Provided: Detailed description of all services the agent will provide, including marketing, showings, negotiations, etc.

7. Agent's Obligations: Specific duties and responsibilities of the agent, including fiduciary duties and professional standards

8. Client's Obligations: Client's responsibilities, including providing accurate information and reasonable cooperation

9. Compensation: Commission structure, payment terms, and conditions for commission becoming due

10. Property Details: For selling agreements, specific information about the property being sold

11. Termination: Conditions and process for ending the agreement by either party

12. Privacy and Personal Information: Handling of personal information in compliance with PIPEDA

13. Governing Law: Specification of applicable provincial law and jurisdiction

14. Signatures: Execution block with date and signatures of all parties