Terms and conditions for a real estate company outline the rules and agreements between the company and its clients or customers. These terms and conditions are legally binding and provide details on various aspects of the company's services, expectations, and responsibilities. Here's an example of terms and conditions for a real estate company:
Services: The real estate company will provide services related to buying, selling, or renting properties, including but not limited to property listings, property management, marketing, and negotiations.
Representation: The real estate company represents the interests of its clients to the best of its abilities and will act in good faith in all transactions. However, the company does not guarantee the accuracy or completeness of information provided by third parties, such as property owners, and clients are advised to verify such information independently.
Fees and Commission: The real estate company's fees and commission for services rendered will be communicated to the client in writing prior to the initiation of any transaction. The client agrees to pay the agreed-upon fees and commission upon successful completion of the transaction, as per the terms agreed upon in writing.
Confidentiality: The real estate company will treat all client information and communication as confidential and will not disclose it to third parties without the client's consent, except as required by law.
Legal Compliance: The real estate company will operate in compliance with all applicable laws, regulations, and industry standards. Clients are responsible for ensuring their compliance with all relevant laws and regulations related to buying, selling, or renting properties.
Dispute Resolution: Any disputes arising out of or related to the services provided by the real estate company will be resolved through negotiation or alternative dispute resolution methods, such as mediation or arbitration, as agreed upon by both parties. If a resolution cannot be reached, the dispute may be resolved through legal means in accordance with the laws of the jurisdiction where the real estate company operates.
Liability: The real estate company will not be liable for any damages, losses, or expenses incurred by clients or third parties arising out of or related to the services provided, including but not limited to, errors, omissions, delays, or inaccuracies in property listings, contracts, or other documents. Clients are advised to seek legal or professional advice for any legal or financial matters.
Termination: Either party may terminate the services provided by the real estate company upon written notice, subject to any obligations or commitments already undertaken by the company.
Amendments: These terms and conditions may be amended by the real estate company at its discretion, and any changes will be communicated to clients in writing.
Governing Law: These terms and conditions will be governed by the laws of the jurisdiction where the real estate company is based, and any disputes will be subject to the exclusive jurisdiction of the courts of that jurisdiction.
By using the services of the real estate company, clients acknowledge that they have read, understood, and agreed to these terms and conditions.