The Real Estate Independent Contractor Agreement is essential for real estate companies operating in Saudi Arabia who engage independent contractors rather than employees for real estate services. This document is particularly relevant in the context of Saudi Arabia's evolving real estate market and Vision 2030 reforms, requiring careful consideration of both traditional Shariah principles and modern business practices. The agreement typically includes comprehensive provisions for commission structures, service scope, compliance requirements, and operational guidelines while maintaining compliance with Saudi real estate regulations and labor laws. It's specifically designed to clearly distinguish the independent contractor relationship from employment, addressing unique aspects of the Saudi real estate market such as religious observances, local business customs, and regulatory requirements for real estate professionals.
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1. Parties: Identification of the contracting parties - the company and the independent contractor, including their full legal names, addresses, and commercial registration details
2. Background: Context of the agreement, including the company's business, contractor's qualifications, and mutual intention to enter into an independent contractor relationship
3. Definitions: Key terms used throughout the agreement, including specific real estate and Saudi legal terminology
4. Appointment and Scope of Services: Details of the contractor's appointment and comprehensive list of authorized real estate services
5. Independent Contractor Status: Clear establishment of independent contractor relationship and distinction from employment
6. Term and Termination: Duration of the agreement, renewal terms, and termination conditions
7. Compensation and Payment Terms: Commission structure, payment schedule, and expense policies
8. Duties and Obligations: Specific responsibilities of the contractor including compliance with real estate regulations
9. Compliance with Laws: Obligation to comply with Saudi laws, including real estate regulations and Shariah principles
10. Licenses and Permits: Requirements for maintaining necessary real estate licenses and permits
11. Confidentiality: Protection of confidential information and trade secrets
12. Non-Competition and Non-Solicitation: Restrictions on competitive activities and client solicitation
13. Insurance and Liability: Insurance requirements and allocation of risks
14. Dispute Resolution: Process for resolving disputes under Saudi law
15. Governing Law: Specification of Saudi law as governing law and compliance with Shariah principles
1. Training and Support: Optional section for when the company provides specific training or support systems
2. Marketing and Branding: Guidelines for using company brand when applicable
3. Technology and Systems: Requirements for using company's technology platforms if provided
4. International Transactions: Additional provisions for handling international real estate transactions
5. Religious Holiday Observance: Specific provisions for religious holiday scheduling and observations
6. Property Management Services: Additional terms if contractor will provide property management services
7. Vehicle and Equipment: Terms regarding use of company vehicles or equipment if provided
8. Translation Clause: Required when agreement is in multiple languages
1. Schedule A - Commission Structure: Detailed breakdown of commission rates and payment calculations
2. Schedule B - Authorized Services: Comprehensive list of authorized real estate services and activities
3. Schedule C - Territory Definition: Definition of geographical area where contractor is authorized to operate
4. Schedule D - Required Licenses: List of required licenses and certifications
5. Schedule E - Company Policies: Relevant company policies and procedures
6. Appendix 1 - Code of Ethics: Real estate professional code of ethics and conduct
7. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and checklist
8. Appendix 3 - Standard Forms: Standard real estate forms and documents to be used
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Retail Property
Property Management
Real Estate Investment
Construction
Real Estate Brokerage
Hospitality
Relevant Teams
Legal
Human Resources
Compliance
Operations
Real Estate
Business Development
Property Management
Sales
Risk Management
Finance
Administration
Relevant Roles
Real Estate Broker
Property Agent
Real Estate Agent
Property Consultant
Real Estate Sales Representative
Property Manager
Real Estate Investment Advisor
Business Development Manager
Legal Counsel
HR Director
Compliance Officer
Operations Manager
Real Estate Division Head
Managing Director
Chief Executive Officer
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