Conjunction Agreement

When it comes to real estate, there is the option of transferring your obligation to sell property to another agent. However, this involves close consideration of key details like the scope of authority to act and the relevant fees.

This is where a Conjunction Agreement comes in handy. So, key matters like fees, services, commissions and extent of authority will all be in writing for you to refer to in case something goes wrong later down the track.

Our package starts from $750 + GST and includes drafting a Conjunction Agreement in accordance with your business’ requirements, phone consultations with a Sprintlaw lawyer who can advise you on the relevant legal issues and a complimentary amendment to the final draft we provide you.

Typically, a Conjunction Agreement will cover key matters like authority, commission, other relevant fees and the nature of the services they will be providing.

The key matter to cover in writing is that one agent is allowing another agent to sell property on their behalf. When it comes to providing authority to sell property, it’s important that a written agreement is in place as there is significant room for people to act outside the scope of what is expected. A Conjunction Agreement can limit or specify this extent of authority to avoid any mishaps later.

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