Sole Selling Rights Agreement
Client: (“you”) as the legal owner
These terms of business will form the basis on which we act for you in relation to the sale of the property subject to any amendments that may be agreed between you and us in writing.
In this agreement, the following expressions have the meanings given here:
The Term: The period of our appointment that begins on the date you sign this agreement and will continue until termination by either party by not less than 1 month’s written notice.
“we” and “us” Chartsedge Ltd
a) In the period during which we have sole selling rights (“the sole selling rights period”) to a purchaser found by us, another agent, or any other person including you; or
b) after the sole selling rights period to a purchaser who was introduced to you during that period by us, another agent, or any other person including you or
c) after the sole selling rights period to a purchaser with whom we had negotiations during the period.
A purchaser may be introduced directly or indirectly as a result of our activities.
5.2 If any invoice remains unpaid after the date on which it is due to be paid, we reserve the right to charge interest, calculated daily, from the date when payment was due until payment is made at 4% above the then prevailing bank base rate of National Westminster Bank PLC or (if higher) at the rate provided for under the Late Payment of Commercial Debts (Interest) Act 1998 and its regulations (if applicable). If we should find it necessary to use legal representatives or collection agents to recover monies due, you will be required to pay all costs and disbursements so incurred.
We require you to pay these costs in advance when we have to commit to them on your behalf. If we give an estimated figure, we will charge the same amount as the cost to us. Any costs paid in advance will not be paid into a client account and accordingly that money will not be covered by RICS client money protection scheme. By signing these terms of business you confirm your consent to this.
The details of our professional indemnity insurance specified in the Provision of Services Regulations 2009 will be provided to you on request by a Director.
By signing our terms of Business you agree to us carrying out these Money laundering checks with Experian.