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Schedule 1
Properties
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Properties
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Date of inspection
(please specify if Purchaser agrees not to inspect)
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Purchaser waives his
right to receive Property Information Forms including
Vendor's Statements
(Tick relevant box)
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Agency
Relationship
(Tick relevant box and delete whichever is inappropriate)
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Amount or rate of commission
to be paid by vendor, if applicable
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Amount or rate of commission
to be paid by Purchaser
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Signature of Purchaser*
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(a)
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Yes 
No
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Single
Dual/Potentially dual
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(b)
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Yes
No
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Single
Dual/Potentially dual
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(c)
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Yes
No
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Single
Dual/Potentially dual
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(d)
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Yes
No
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Single
Dual/Potentially dual
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(e)
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Yes
No
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Single
Dual/Potentially dual
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(f)
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Yes
No
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Single
Dual/Potentially dual
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(g)
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Yes
No
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Single
Dual/Potentially dual
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(h)
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Yes
No
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Single
Dual/Potentially dual
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(i)
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Yes
No
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Single
Dual/Potentially dual
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*The Purchaser must sign separately for each
property listed.
Schedule 2
Duties of Agent
The Agent shall -
(a)obtain
information in relation to the Properties for the Purchaser;
(b)arrange
for Purchasers to inspect the Properties if requested to do
so by the Purchaser;
(c)conduct
negotiation and submit all offers to the vendors of the Properties
as instructed by the Purchaser; and
(d)assist
the Purchaser in entering into a binding agreement for sale
and purchase with the vendor of any or more of the Properties.
Schedule 3
Commission to be Paid by Purchaser
| 1. |
Subject to section 2 and 5 of this Schedule,
if during the Validity Period the Purchaser through
the Agent enters into a binding agreement for sale and
purchase with the vendor in respect of one or more of
the Properties then the Purchaser is liable to pay the
Agent commission :-
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(8) upon the signing of the agreement for
sale and purchase.
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(8) upon the completion of the property
transaction as specified in the agreement for sale and
purchase.
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| 2. |
Subject to section 3 of this Schedule,
the Purchaser shall have no obligation to pay any commission
to the Agent if completion of the property transaction
falls through without fault on the part of the Purchaser
and, in such case, if the commission has already been
paid it shall be refunded by the Agent to the Purchaser
as soon as is practicable and in any case not later
than 5 working days from the completion date as specified
in the agreement for sale and purchase with interest/without
interest(1).
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| 3. |
The commission shall become payable to
the Agent in the case of mutual cancellation of a binding
agreement for sale and purchase of the property concerned
not arising from any provisions of the agreement for
sale and purchase.
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| 4. |
The Purchaser is not liable to pay any
commission to other estate agents with whom the Agent
co-operates for the purpose of purchasing any one or
more of the Properties.
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| 5. |
Subject to sections 2, 3 and 4 of this
Schedule, the Purchaser is also liable to pay to the
Agent as commission for services rendered with regard
to the property concerned if the Purchaser or the spouse,
or any nominee, undisclosed principal or agent of the
Purchaser enters into a binding agreement for sale and
purchase with the vendor of any one or more of the Properties
during the Validity Period whether through the Agent
or otherwise.
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Schedule 4
Interests in Property
In accordance with clause 5 of this Agreement,
particulars of the pecuniary or other beneficial interests
in respect of one or more of the Properties are as follows:
____________________________________________________
____________________________________________________
Schedule 5
Explanatory Notes
| (1) |
This means delete whichever is inappropriate.
All deletions must be initialled.
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| (2) |
Enter the name of the estate agency business
entity concerned in clause 1 of this Agreement.
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| (3) |
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Single agency - this means the Agent acts
for the Purchaser only.
Dual agency - this means the Agent acts for both the Purchaser
and a purchaser of the Property.
Potentially dual agency - this means the Agent acts for
the Purchaser only but may also act for a purchaser of
the Property at a later stage. |
| (4) |
The amount or rate of commission is negotiable
between the Purchaser and the Agent.
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| (5) |
Specified relative - this means the spouse,
parent, child, brother or sister.
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| (6) |
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Substantial shareholder -
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this means a person who is entitled
to exercise or control the exercise of 10% or more
of the voting power at any general meeting of the
Agent. |
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| (7) |
Having a pecuniary or other beneficial
interest includes:
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| (a) |
being a member of a company or any
other body which has a pecuniary or other beneficial
interest in respect of the Properties;
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| (b) |
being in partnership with or is
in the employment of a person who has a pecuniary
or other beneficial interest in respect of the
Properties; or
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| (c) |
being a party to any arrangement
or agreement (whether enforceable or not) concerning
the Properties.
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| (8) |
Tick the relevant box. |
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