Draft Agency Agreement
A new ICA Draft Agency Agreement is now available for voluntary use by Agents and Brokers. This template provides an example agreement for Agents and Brokers to consider, amend and use in agreement with their principal.
Important note: If the SMALL CLAIMS TECHNICAL ARBITRATION (‘SCTA’) clause is to be used that is contained within the template, the agent/broker must have been a member of the ICA FOR 12 MONTHS to have their application for SCTA arbitration accepted, if they refer disputes to SCTA. The limit for claims amounts brought under the SCTA is $75k.