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BLACK = Old Item/Clause | RED = New Item/Clause | BLUE = Comments About Change (Not Part of Form) | STRIKEOUT = Wording Deleted
22 Sept 2008
AU-QLD-RE-PS-P01 v6.0
AU-QLD-RE-PS-P02 v6.2
AU-QLD-RE-PS-P10 v6.0
AU-QLD-RE-PS-P11 v6.2
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Item N
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Special Conditions:
(a) Were inserted under instruction by a party to this Agreement; and/or
(b) Precedents used by the Agent as Special Conditions were prepared by an Australian Legal Practitioner, not by the Agent who gives no warranty in respect of same and in accordance with the warning in Item (O), legal advice should be sought as to the meaning and effect of such Special Conditions before signing.
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Item O
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The parties have been advised to seek legal advice with respect to this Contract, including Special Conditions.
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Clause 7.3
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The Agent will be entitled to the Agreed Commission if an enforceable contract is entered into with a person introduced to the Property:
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Clause 7.4
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The Client authorises and directs the Agreed Commission to be paid to the Agent in accordance with this Agreement by the person holding the deposit monies or other monies due under the contract for the sale of the Property, be that the stakeholder or other person as provided herein. This Appointment shall be sufficient authority and discharge for such payment.
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Clause 17
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Any notice to be served by either party under this Appointment shall be in writing and may be served on that party by forwarding it to the address, fax, email provided in Part (1) or Part (2) of the attached PAMD Form 22a.
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04 Feb 2008
AU-QLD-RE-PS-P01 v5.9
AU-QLD-RE-PS-P02 v6.1
AU-QLD-RE-PS-P10 v5.9
AU-QLD-RE-PS-P11 v6.1
Changes as per Office of Fair Trading
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21 Nov 2007
AU-QLD-RE-PS-P01 v5.8
AU-QLD-RE-PS-P02 v6.0
AU-QLD-RE-PS-P10 v5.8
AU-QLD-RE-PS-P11 v6.0
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Clause 7.2
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the Client agrees the Commission is payable to the Agent forthwith. Provided however, where Clause 7.2 (c) applies, commission will remain due but monies payable shall (subject to the Seller’s rights to claim damages for breach of contract) be limited to the receipted deposit monies.
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15 Nov 2007
AU-QLD-RE-PS-P01 v5.7
AU-QLD-RE-PS-P02 v5.9
AU-QLD-RE-PS-P10 v5.7
AU-QLD-RE-PS-P11 v5.9
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Item O
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WARNING: By signing this Appointment the parties confirm that no legal advice as to the conditions contained herein was provided by the Agent. The parties further agree that any Special Conditions or Clauses were inserted at the specific request of the relevant parties and the Agent gave no legal advice about same.
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15 Oct 2007
AU-QLD-RE-PS-P01 v5.6
AU-QLD-RE-PS-P02 v5.8
AU-QLD-RE-PS-P10 v5.6
AU-QLD-RE-PS-P11 v5.8
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Clause 7.1
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The Client agrees Commission as detailed in the Appointment will be due if the Client enters into an enforceable contract of sale when such contract becomes unconditional and payable on settlement of the sale:
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20 Sept 2007
AU-QLD-RE-PS-P01 v5.5
AU-QLD-RE-PS-P02 v5.7
AU-QLD-RE-PS-P10 v5.5
AU-QLD-RE-PS-P11 v5.7
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Item O
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Prior to signing the Client should provide, to the Agent, proof and details of current Public Liability Insurance.
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29 Aug 2007
AU-QLD-RE-PS-P01 v5.3
AU-QLD-RE-PS-P02 v5.5
AU-QLD-RE-PS-P10 v5.3
AU-QLD-RE-PS-P11 v5.5
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Clause 16
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Where such information is required to be entered on the approved form, information contained in the Item Schedule and the Terms of Appointment shall apply to the approved PAMD 22a form.
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Item A
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(If this Item or Part ( 5) of the PAMD 22a is not completed the Commencement Date will be considered to be the date of Signing).
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Terms of Appointment
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Terms of Appointment (being a schedule to and forming part of the approved PAMD 22a form)
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Clause 7.1
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The Client agrees Commission as detailed in the Appointment will be due if the Client enters into an enforceable contract of sale when such contract becomes unconditional and payable:
(a)
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on settlement of the sale; or
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(b)
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pursuant to Clause 7.2
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Clause 7.2(b)
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the Client, as Seller, releasing the Purchaser (by mutual agreement or otherwise) from the Purchaser's contractual obligations; or
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Clause 7.3
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The Agent will be entitled to the Agreed Commission if an enforceable contract is entered into with the Property is sold to a person introduced to the Property:
(a)
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during the period of a Exclusive Appointment; or
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(b)
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during the period of a Sole or Open Appointment except where the introduction is made by the Client; or
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(c)
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after the conclusion of the Agency, the Property is sold to a purchaser effectively introduced to the Property by the Agent during the Agency.
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such Commission will be paid in accordance with either Clause 7.1 or 7.2.
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24 Aug 2007
AU-QLD-RE-PS-P01 v5.2
AU-QLD-RE-PS-P02 v5.4
AU-QLD-RE-PS-P10 v5.2
AU-QLD-RE-PS-P11 v5.4
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Item E
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The Client authorises the Selling Agent to disclose the price at which the Client is willing to sell the Property to Potential Buyers: reveal Selling Price to the Buyer through the use of the Comparative Market Analysis or as instructed in Part (4.1.1) of the attached PAMD Form 22a: Yes/No
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14 Aug 2007
AU-QLD-RE-PS-P01 v5.1
AU-QLD-RE-PS-P02 v5.3
AU-QLD-RE-PS-P10 v5.1
AU-QLD-RE-PS-P11 v5.3
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Clause 7.3(b)
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during the period of a Sole or Open Appointment except where the introduction is made by the Client; or
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17 Apr 2007
AU-QLD-RE-PS-P02 v5.2
AU-QLD-RE-PS-P11 v5.2
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Changes to the attached 'Property Listing Details' Form.
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17 Apr 2007
AU-QLD-RE-PS-P01 v5.0
AU-QLD-RE-PS-P02 v5.1
AU-QLD-RE-PS-P10 v5.0
AU-QLD-RE-PS-P11 v5.1
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Item E
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Authorise Allow Agent to reveal Selling Price to the Buyer through the use of the Comparative Market Analysis or as instructed in Item 4.1 of the attached PAMD Form 22a: Yes/No
If being sold by Auction The Client instructs the Auctioneer or Agent, if requested by a to provide a potential buyer, to provide a copy of any existing with a Comparative Market Analysis or a written explanation of market value: Yes/No
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Clause 10.2
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The Agent is authorised, prior to listing, at the Client's cost, to make its own enquiries relating to warranties given into the information provided by the Client in Clause 10.1 (1), at the Client's cost, and 10.1 (2)
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05 Apr 2007 v4.9
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Item O
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Prior to signing the Agent should sight the Client’s Public Liability certificate of currency.
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Clause 10.1(2)
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it has and will maintain Public Liability Insurance in a sun not less than 10 million dollars.
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Clause 13
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The Client indemnifies the Agent, its officers and employees, from and against all liabilities, actions, claims, demands, losses, costs (on an indemnity basis), damages and expenses arising out of or in respect of this Appointment from:
(a)
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the Client's failure to comply with this Appointment; or
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(b)
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the Client's failure to give the Agent appropriate authority or instruction; or
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(c)
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the Agent acting on behalf of the Client under this Appointment.
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The Agent will be compensated by the Client in respect of actions, claims, demands, losses, costs, damages and expenses arising out of this Appointment or resultant upon any act, omission or negligence on the part of the Client.
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12 Feb 2007 v4.8
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Item I
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Termination Penalty Apportionment as a %: (if not completed penalty will be apportioned equally)
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09 Jan 2007 v4.6
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Item E
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Insurance
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Insurer/Detail
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Policy Number
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Expiry
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Public Liability
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....................................
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....................................
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....................................
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20 Dec 2006 v4.5
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Clause 5.1(1)
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General issue about a Sale conducted in conjunction with other Agents. Conjunctional Sales and all other issues relevant if a Conjunctional Sale were to take place.
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Clause 5.1(2)
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the Agent's policy about in relation to Conjunctional Sales including and the percentage of apportionment of Commission between the Agents.
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Clause 9.2
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Notwithstanding the provision of Clause 9.1 (2) the Client by this Appointment agrees only offers in writing and expressions of interest which the Agent in its discretion considers are significant shall be, in accordance with Section 11 of the Code of Conduct, communicated to the Client.
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Item E
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Insurance
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Insurer/Detail
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Policy Number
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Expiry
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Public Liability
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....................................
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....................................
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....................................
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Clause 7.5
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Notwithstanding the monetary amount listed in Part (7) of the PAMD Form 22a, the actual amount of Commission will be calculated based on the percentage set out in Part (7) of the PAMD Form 22a.
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18 Dec 2006 v4.4
Changes as per Office of Fair Trading
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05 May 2006 v4.3
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Item D
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was not required by the Client to give an opinion in respect to the Market Price of the Property but did supply a written statement of material facts for the Client to take into account in deciding on a Listing Price for the Property and such material facts are as detailed in the attached:
(a) Comparative Market Analysis Material Facts Annexure. OR (b) Written explanation of market value; or
has given the Client an opinion about the Market Price of the Property and supplied a written statement of material facts that the Agent has taken into account in forming such opinion and such material facts are as contained in the attached:
(a) Comparative Market Analysis Material Facts Annexure. OR (b) Written explanation of market value
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Clause 1(8)
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Material Facts Annexure: the ADLForms Comparative Market Analysis form.
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Clause 3.2
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The Client acknowledges it has not relied on any material facts provided by the Agent other than those contained in the Material Facts Annexure Comparative Market Analysis in arriving at the Listing Price.
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Item E
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Allow Agent to reveal Selling Price to the Buyer through the use of the Comparative Market Analysis or as instructed in Item 4.1 of the attached PAMD Form 22a: Yes/No
If being sold by Auction the Client instructs the Auctioneer or Agent to provide a potential bidder with a Comparative Market Analysis or a written explanation of market value: Yes/No
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Clause 1(6)
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Comparative Market Analysis: a document comparing the offered Property with at least 3 properties sold within the previous 6 months that are of a similar standard or condition to the offered Property and are within 5km of that Property.
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Clause 2.2
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The Agent is authorised to assign this Appointment provided such assignment is made in accordance with the terms and conditions of this Appointment.
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08 Mar 2006 v4.2
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Item A
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Refer to Item 5.1 of the attached PAMD Form 22a for Sole and Exclusive Agency.
For an Open Listing: Start Date: ..../..../.... End Date: ..../..../....
(If this Item is not completed the Commencement Date will be considered to be the date of Signing).
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12 Dec 2005 v4.1
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Clause 14
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By signing this Appointment all parties agree to having given prior approval, in accordance with the Electronic Transactions (Queensland) Act 2001, for electronic transmission of this Appointment and any other related appointments, for signing purposes or otherwise, as far as such means of communication have been indicated in this document (ie. Facsimile numbers & email addresses).
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04 Dec 2005 v4.0
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Item C
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Commission Apportionment as a %: (if not completed commission will be apportioned equally)
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25 Nov 2005 v3.9
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Item D
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(Tick the above box clause (c) above if the Agent has given any opinion to the Client in respect to the Market Price of the Property and complete the Market Price range fields. Supporting documentation must be included or attached)
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Clause 7.2
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the Client agrees the Commission is payable to the Agent forthwith.
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Clause 7.4
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The Client authorises and directs the Agreed Commission to be paid to the Agent by the person holding the deposit monies or other monies due under the contract for the sale of the Property, be that the stakeholder or other person as provided herein. on completion of such sale. This Appointment shall be sufficient authority and discharge for such payment.
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Clause 10.2
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The Agent is authorised, prior to listing, to make its own enquiries into the information provided by the Client in Clause 10.1 (1), at the Client's cost, and 10.1 (2)
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20 Sept 2005 v3.8
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Item A
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THE ………..DAY OF ……………200……. (Last party signing to insert date)
Refer to Item 5.1 of the attached PAMD Form 22a
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Clause 1(3)
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Appointment Commencement Date: The date as set out in Item 5.1 of the attached PAMD Form 22a Item Schedule unless otherwise specified.
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26 July 2005 v3.7
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Format
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Converted into standard ADLForm format
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Clause 6.4
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Clause was deleted
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Item I
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Auctioneer's Fee: (MUST be included in Items 8.1.2 of the PAMD Form 22a as an expense)
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Item A
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THE ………..DAY OF ……………200……. (Last party signing to insert date)
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Item J
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Open House: Yes No
Inspection Times: .................................................................................
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Item K
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Fixtures: ..............................................................................................
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Item L
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Chattels: ..............................................................................................
(eg. dishwashers, microwaves)
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Clause 1(3)
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Appointment Commencement Date: The date as set out in Item (A) of the Item Schedule unless otherwise specified.
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Clause 1(5)
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Code of Conduct: the Property Agents and Motor Dealers (Real Estate Agency Practice Code of Conduct) Regulation 2001
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Clause 1(7)
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Market Price: an estimated price based on properties of similar characteristics in the area at that time.
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Clause 1(8)
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Material Facts Annexure: the ADLForms Comparative Market Analysis form.
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Clause 1(9)
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Relevant Contract: a contract for the sale of residential property in Queensland, other than a contract formed on a sale by auction (Section 364 of the Act).
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Clause 2
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APPOINTMENT OF AGENT
In consideration of and in accordance with the terms of this Appointment, the Client appoints the Agent and its permitted Assigns, and the Agent agrees to sell the Property for the Client. Authority vested in the Agent by this Appointment shall be deemed to be vested in the Agent's authorised employees.
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Clause 4.1
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If the Client by this Appointment appoints the Agent as Exclusive Agent the Client will for the duration of this Agreement refer any prospective buyers of which the Client becomes aware to the Agent.
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Clause 5.2
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Before agreeing with another Real Estate Agent to conduct a Conjunction Sale, an Agent must:
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(1)
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disclose to the Client the name of the other agent with whom the Agent proposes to act
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(2)
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advise the other agent of the Client's instructions for the sale.
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Clause 6.3
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The Managing Agent, once aware of the intention to sell the Property, must notify the tenant in writing of the Property being listed for sale and of the appointment of a Real Estate Agent or auctioneer to sell the Property.
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Clause 8.2
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The Agent must not sell the Property if bidding does not reach the Reserve price. Should no Reserve price be given in this Appointment the Reserve price must be given in writing to the Auctioneer before the Auction commences.
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Clause 10.3
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The Client will provide to the Agent such additional information as the Agent may reasonably request from time to time relevant to matters contained in Clause 10.
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20 July 2005 v3.6
Changes as per Office of Fair Trading
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13 Apr 2005 v3.5
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Item 12.3
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Agent is / is not authorised to employ a Licensed Auctioneer to carry out the Auction in which case the Client shall pay the following fee for the Auctioneer's service.
Licensed Auctioneer's Fee: [MUST be included in Items 7.1 and 7.2 of the attached PAMD Form 22a]
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23 Mar 2005 v3.4
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Item 4
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Advice About Market Price
The Client instructs the Agent to list the Property at the Listing Price mentioned in Item 4.2 of the attached PAMD Form 22a and acknowledges in obtaining this Appointment to act as Real Estate Agent, the Agent;
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a.
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was not required by the Client to give an opinion or supply any material facts in respect to the Market Price of the Property; or
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b.
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was not required by the Client to give an opinion in respect to the Market Price of the Property but did supply a written statement of material facts for the Client to take into account in deciding on a listing price for the Property and such material facts are as detailed in the attached Material Facts Annexure.
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c.
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has given the Client an opinion about the Market Price of the Property and supplied a written statement of material facts that the Agent has taken into account in forming such opinion and such material facts are as contained in the attached Material Facts Annexure. The Agent's opinion of Market Price is between ……………. and …………….
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The Seller acknowledges it has not relied on any material facts not contained in the Material Facts Annexure.
(Tick the above box if the Agent has given any opinion to the Client in respect to the Market Price of the Property and complete the Market Price range fields. Supporting documentation must be included or attached)
(Tick only one of the above boxes)
Note: Refer Property Agents and Motor Dealers (Real Estate Agency Practice Code of Conduct) Regulation 2001 Section 21(Advice about market price or rent) and Trade Practices Act 1974 sections 52, 53 & 53A.
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Item 6.3
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The Agent will be entitled to the agreed Commission if the Property is sold to a person introduced to the Property;
(a) during the period of an Sole Appointment; or
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17 Mar 2005 v3.3
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Item 14
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The Agent collects and uses personal information obtained from you as the Client to provide the services required by you or on your behalf. You as the Client agree the Agent may collect, use and disclose such personal information in accordance with and subject to the Privacy Act 1988 (CTH) to third parties for (where applicable) marketing, and sales promotion and administration and as required for legislative and regulatory requirements and relating to promotion administration and use of the Agents products and services. Without provision of certain information the Agent may not be able to act effectively or at all on the Client's behalf. The Client has the right to request the Agent provide details of such information and also correct any inaccurate or out of date information.
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03 Feb 2005 v3.2
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Item 6.3
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Replace existing 6.3 with this item and renumber existing 6.3 as 6.4
The Agent will be entitled to the agreed Commission if the Property is sold to a person introduced to the Property;
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a.
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during the period of an Exclusive Appointment; or
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b.
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during the period of an Open Appointment except where the introduction is made by the Client; or
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c.
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after the conclusion of the Agency, the Property is sold to a purchaser effectively introduced to the property by the agent during the Agency.
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26 Oct 2004 v3.1
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Item 2 Prior appt
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2) If the client enters into more than one appointment and there is a sale the Client may have to pay a commission for each appointment and / or damages for breach of the appointment to act.
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Commission
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2) Should an enforceable contract be entered into but not completed due to:
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(a)
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due to any act or omission of the Client; or
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(b)
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due to the client, as Seller, releasing the purchaser from the purchaser's contractual obligations; or
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(c)
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the deposit forfeited; in terms of the Sale Contract to the Seller
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The client agrees the commission is payable to the Agent.
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Auction
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5. The Client authorises the Agent to employ a Licensed Auctioneer to carry out the Auction. The fee for which the Client must pay is specified in Item I.
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Material Facts, verification / disclosure
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10.1 The Client warrants:
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(1)
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it is the owner of the property, the description in Item 3 of the Appointment is correct and the client is authorised to appoint the agent for sale of the property.
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(2)
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all information relevant to the sale of the property disclosed by the Client to the Agent is correct.
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(3)
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the Agent is authorised prior to listing to make its own enquiries into the information provide by the Client in Clause 10.1 (1) and 10.1 (2) excluding the use of public authority searches.
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The Client to be Advised
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11.1 In accordance with Section 11 of the Code of Conduct, the appointed Agent must notify the Client in writing or verbally of:
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(1)
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any issues or other information relevant to the Property.
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(2)
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each expression of interest or written offers relating to the sale of the Property.
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unless otherwise specified in writing by the Client.
11.2 Notwithstanding the provision of Clause 11.1 (2) the Client by this appointment agrees only offers which the Agent in its discretion considers are significant and which offers are in writing be, in accordance with Section 11 of the Code of Conduct, communicated to the Client.
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