Transaction Coordinator Agreement 


This Transaction Coordinator Agreement (the “Agreement”) is made as of the 30 December 2024 between:

(1)    PARTY_1_NAME (the “Agent”), a company and registered address at PARTY_1_ADDRESS_SINGLE_LINE; and 

(2)    PARTY_2_NAME (the “Transaction Coordinator”), a national with domiciled address at PARTY_2_ADDRESS_SINGLE_LINE

(individually a “Party” and collectively the “Parties”).

Background

A. The Agent is a real estate agent/broker engaged in the business of buying, selling, and marketing real estate properties.

B. The Transaction Coordinator specializes in providing transaction coordination services such as administrative support services to real estate professionals.

C. The Agent desires to hire the services of the Transaction Coordinator  for processing of the real estate transactioin accordance with the terms and conditions of this Agreement.

1.     Services to be performed. 

(a)    The Transaction Coordinator shall provide the following services to the Agent: transaction coordination services and any ancillary services incidental thereto as more particularly described in Schedule 1 hereto (together, the “Services”). 

(b)    The Parties may agree to additional services to be provided by the Transaction Coordinator to the Agent by agreement in writing.
 
(c)    The Transaction Coordinator shall perform the Services as an independent contractor on a non-exclusive basis, and, unless stated explicitly, nothing contained herein shall be deemed to create any partnership, joint venture, or relationship of principal and agent between the Parties hereto or any of the Agent’s affiliates or subsidiaries.
 
(d)    The Transaction Coordinator agrees to participate in and report to the Agent on performance review to be conducted on a regular basis as reasonably required by the Agent.

(e)    The Transaction Coordinator shall render the Services with reasonable care and use its reasonable endeavours to ensure that the Services provided shall be reasonably satisfactory to the Agent. 

(f) The Transaction Coordinator is providing coordination services to complete the real estate transaction and in no event acting as an agent of any parties engaged in the transaction such as the buyer or seller in case of sale of property transaction, and therefore owes no fiduciary duty to either of the said parties.

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