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The Real Estate Agent Agreement Contract is a mandatory document under Hong Kong's Estate Agents Ordinance for establishing formal agency relationships in property transactions. This agreement is essential when engaging a licensed real estate agent or agency to market, sell, purchase, lease, or rent property in Hong Kong. It must comply with strict regulatory requirements set by the Estate Agents Authority, including prescribed forms and mandatory disclosures. The document protects both the agent's and client's interests by clearly defining services, commission structures, and obligations. It's particularly important in Hong Kong's dynamic property market, where transactions often involve significant values and complex requirements. The agreement can be customized for different property types (residential, commercial, or industrial) while maintaining compliance with local regulations.

1. Parties: Identification of the Estate Agent and the Client (whether vendor/landlord or purchaser/tenant), including license numbers and contact details

2. Background: Context of the agreement and brief description of the property-related services being sought

3. Definitions: Key terms used in the agreement, including technical real estate terms and Hong Kong-specific regulatory terms

4. Appointment and Term: Formal appointment of the agent, whether exclusive or non-exclusive, and duration of the agreement

5. Agent's Services and Duties: Detailed description of services to be provided, including marketing, viewings, negotiations, and documentation

6. Client's Obligations: Client's responsibilities, including providing accurate information and necessary documentation

7. Commission and Payment Terms: Commission rate, payment conditions, and timing of payment as per Hong Kong regulations

8. Property Information: Details of the subject property and any specific instructions regarding its sale/lease

9. Compliance with Regulations: Commitment to comply with Estate Agents Ordinance and other relevant Hong Kong laws

10. Termination: Conditions and procedures for terminating the agreement

11. Liability and Indemnity: Scope of agent's liability and any indemnification provisions

12. Confidentiality: Obligations regarding confidential information and personal data protection

13. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction

14. Entire Agreement: Standard entire agreement clause and amendment procedures