Sales Consultation Form

Full Terms of the Sales/Purchase/Management Consulting Agreement

WHEREAS the Client(s) finds the Consultant willing to perform such services as above, all factors considered and that such performance will be in furtherance of Client(s) interests ONLY.

NOW THEREFORE, in consideration of the mutual covenant set forth and intending to be legally bound, the parties hereto agree as follows:

1. The Undersigned Client(s) have paid a prescribed non-refundable minimum fee as stated above.
2. That this agreement serves as a legal authority to the Consultant for the stipulated transaction ONLY.
3. That this is an official permission to advertise the property/brief described above to the open market.
4. That the agreed professional fee as stated in this contract MUST be paid on execution of this transaction at any place or time EVEN in the absence of the Consultant.
5. The Client(s) engaging Consultant for PURCHASE shall be SOLELY responsible for transportation and other logistics throughout inspection and Search for the Property.
6. The Client Selling/letting agrees to indemnify prospective Buyer(s)/Tenant(s) of ALL losses such as rent, property purchase amount, agent fee and legal fee etc. emanating from encumbered property or breach of transaction terms on their part.
7. Professional fees (Agent's fee) payable upon delivery of service by Consultant is based on 10% of the amount paid on property(s) To Let/Lease/Sale/Manage.
8. The 10% referred to above is payable ONLY to the Consultant (by cash or bank transfer) NOT anyone else.
9. The Client(s) also covenants NOT to use the Consultant as a means or vehicle to commit any financial or economic crime; to obey, comply and observe all laws relating to prohibition of financial and economic crimes such as fraud of whatever nature, money laundering etc., and agrees that the consultant is at liberty and under an obligation to report any suspicious transaction to the appropriate security agencies for investigation and/or prosecution.
10. The Client(s) further covenants to provide complete and accurate personal and property details including title documents as requested where necessary.
11. It is the SOLE OBLIGATION of the Client(s) buying/leasing to either hire the service of a lawyer or undertake/conduct independent due diligence on property and titles presented by Landlord before execution of transaction or payment for the property.
12. REFUND TERMS: When Client(s) or their representatives physically inspect and proceed with payment, Agent's fee shall NOT be refunded; refund of other payments such as Purchase amount, rent, caution fee, service charge etc. shall be the SOLE responsibility of the final BENEFICIARY (Landlord), NOT the Consultant.
13. The Client(s) who is selling/letting shall NOT receive payment(s) for any property referenced in this agreement WITHOUT paying the agreed Agent's fee to the Consultant.
14. The Client(s) who is buying shall NOT pay for any property the Consultant has inspected with Client(s) or their representatives WITHOUT paying the agreed Agent's fee to the Consultant.
15. ACCEPTANCE OF THIS AGREEMENT AND FEE PAYMENT: This Agreement shall be binding upon and enure to the benefit of the parties hereto, their agents/assigns and representatives of any kind whatsoever. This Agreement constitutes the entire integrated agreement between the parties by all the parties hereto. No oral agreements, understandings or representations shall change, modify, or amend any part of this Agreement. Client(s) acknowledges having read and understood all the terms, conditions and limitations of this Agreement and voluntarily agrees to be bound thereby and to pay the fee(s) listed and indicated above. In the event that the Client fails to pay any amount due hereunder and it becomes necessary for the Consultant to take action in a court of law to collect such sums, the client shall be responsible for all cost and reasonable attorney fees incurred by the Consultant.
16. PERSONAL DETAILS: The Client(s) selling/letting/leasing shall attach a photocopy of valid means of identification to this document with registration details, including Driver's Licence Number and National Identification Number (NIN).
17. PROPERTY DOCUMENTATION: The Client(s) selling/letting/leasing shall attach photocopies of proof of ownership of the property as related to this transaction with registration particulars (title documents).
18. TERMINATION OF THIS AGREEMENT: This agreement shall ONLY be terminated by a signed agreement/terms between both parties.
19. SIGNING AND SEAL OF PARTIES: The parties have hereunto set their hands and seals on the day and year first above written.