Terms & Conditions

By using or browsing this site you declare that you have read, understood and agreed to the following Terms and Conditions and any other conditions applicable to services that can be found on this site. If you do not agree with any part of the following Terms and Conditions you should not use the site. If you do not understand or want additional info about any subject found hereafter please contact us for details.

Information and services provided

Services and data provided by the Agency, are based on the information which the Agency receives personally and in writing from the property seller or property buyer. This information might be unclear, incomplete and might require confirmation. Although every reasonable effort has been taken for the information provided to be as accurate as possible, it is possible that the properties advertised can be sold or withdrawn from the market without prior notice. The Agency takes no responsibility in this instance but will notify its clients of any changes and update its database regularly.

Agency's Obligations

    The Agency undertakes to:
  • try to find and connect with the client a party interested to conclude a brokered transaction
  • estimate the market value of the property and make it known to the client
  • notify the client of any potential real estate's irregularities (i.e. title and ownership, constructual defects, permits and similar)
  • conduct inspection of documents required for validity of brokered transaction
  • conduct query into the documents proving title of the concerned real estate
  • familiarize the client with all legal, tax and other obligations that might arise from the brokered transaction
  • perform necessary actions concerning presentation of the real estate on the market and advertise the real estate thru different media channels
  • arrange and assist in the inspection of the real estate
  • keep clients' personal information confidential
  • inform the client of all circumstances significant for the intended transaction best to Agency's knowledge.

It will be considered that the Agency has provided contact between the client and another party interested in conclusion of the brokered transaction, if it enabled the client to make contact with another party (individual or legal entity) with whom the client has negotiated the conclusion of a legal transaction, and especially:

  • if the Agency directly took the client for inspection or directed him to do so
  • if the Agency has organized a meeting between the client and another party interested in conclusion of a legal transaction
  • if the Agency has communicated to the client, the other party's name, telephone number or fax number or told the client the exact location of the wanted real estate

Client Obligations

    The Client undertakes to:

  • allow the Agency to inspect all documents proving the ownership of the real estate or entitlements to the real estate subject of the brokered transaction
  • enable the Agency and the party interested in concluding the brokered transaction to inspect the real estate
  • pay the stipulated fee (commission) to the Agency immediately upon conclusion of the brokered transaction i.e. preliminary agreement, whereby the Client undertook to conclude the brokered legal transaction
  • compensate the Agency for expenses incurred during brokerage, which exceed the usual brokerage expenses
  • inform the Agency about all changes related to the transaction for which the Client authorized the Agency.

The Client is not obliged to enter into negotiations for conclusion of the brokered transaction with a party introduced by the Agency, nor conclude the legal transaction. The provision of the agreement that stipulates otherwise will be null and void. The Client will be liable for damage if he acted in a deceitful way in the process. If that should be the case, the parties will agree that the Client is bound to pay the Agency for the expenses incurred during brokerage, and they must not exceed the brokerage fee (commission) for the brokered transaction.

A Brokerage Fee

The Agency will realize the right to a full fee at the time of conclusion of a brokered transaction i.e. by the preliminary agreement, whereby the Client undertook to conclude the brokered legal transaction. The fee will be paid to the Agency at the time of, or immediately upon conclusion of the legal transaction for which the Agency brokered i.e. conclusion of the preliminary agreement.

The Agency is entitled to a fee if a Client's spouse, extramarital partner, offspring or corporation founded, owned or managed by the buyer concludes a brokered legal transaction with the party that had been connected with the Client by the Agency.

The fee also includes the usual brokerage expenses, except the specifically stipulated ones.

Fee Amounts

Our fees and commissions are described in the
Fees section.

Trades

When trading, the fee is collected from both parties and the percentage is same as the sales fee.

Termination of Agreement

The parties may cancel a real estate brokerage agreement before expiration only for exceptionally justified reasons, but only if there are no real time, ongoing negotiations present, that are a result of the Agency representation. In that case, the Client is obliged to compensate the Agency for incurred expenses that the Client would normally have to pay additionally, as expressly stipulated by the agreement.

If the Client should conclude a brokered legal transaction with a party that the Agency had connected it with, it will be obliged to compensate the Agency for the full amount of brokerage commission.

A brokerage agreement will be terminated upon written cancellation by either party. If a notice period is not expressly stipulated by the brokerage agreement, the notice period will be 30 days upon receipt of cancellation. When a real estate brokerage agreement is terminated by cancellation, the parties to the agreement will have no claims against each other. The Client is obliged to compensate the Agency for incurred expenses that the Client would normally have to pay additionally, as expressly stipulated by the agreement.

Governing Law

These Terms and Conditions shall be governed and interpreted in accordance with the laws of the Republic of Croatia.

General Provisions and Settlement of Disputes

The relations between the Client and the Agency arising from a brokerage agreement that are not regulated by these Terms and Conditions, nor by a brokerage agreement, will be subject to general provisions for brokerage agreement, as well as to other provisions of the Obligatory Relations Act.

Possible disputes will be settled by the mutual agreement but if this is not possible it will be handled by the Municipal Court in Dubrovnik.

 

Please also read our Legal disclaimer.

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