Platform Service Agreements
Essential legal frameworks defining the professional relationship between IK-OO, Property Sellers, and Asset Managers. Please review the specific terms applicable to your role.
1. Introduction for Sellers
I consent to this agency agreement between our organization and ik-oo, a subsidiary of Afromart Media East Africa for the purpose of setting forth non- exclusive terms and conditions by which our organization desires to appoint ik-oo as a representative to perform certain services as defined in this agreement by the our organization.
Whereby ik-oo is is involved in property marketing and property tours.
In consideration of the mutual obligations specified in this agreement, the parties intending to be legally bound hereby agree to the following:-
- Scope of service Our organization assigns ik-oo as a marketing and property tours agency. Any service outside the scope will require a new agreement agreed by the parties.
- Our organization appoints ik-oo as a partner agency to perform tasks in this agreement
2. Roles and Responsibilities
Our Organization:-
Shall give accurate details of properties, either by property pictures, google map pinning and Road names. We shall provide a property contact person, who will either be a property caretaker, landlord, or property manager staff when ik-oo is conducting tours to our properties.
Ik-oo
Shall liaise with our organization posting accurate details on their platform and presenting themselves through their authorized tour guides and staff with decorum. They shall ensure that after each acquisition they shall hand over the tenant’s details.
Compensation:
In exchange for the full prompt, and satisfactory performance of all services to be rendered by to our organization ik-oo will get a compensation of 15% of the Rental charge from all properties that ik-oo brings in tenants.
Ik-oo will invoice our organization after every successful tenant acquisition.
Payments will be due within 5 working days. A penalty of Ksh 1,000 will be added to any invoice not paid on time.
Payments shall be paid through Bank Transfer to AFROMART MEDIA EAST AFRICA CO-OPERATIVE BANK RONGAI BRANCH A/C NO. 0110921183070, MPESA, Paybill no. 4088079 or any other approved payment method but not cash.
The above agreement is subject to change from time to time.
1. Introduction for Managers
Ik-oo Agency Agreement I consent to this agency agreement between our organization and ik-oo, a subsidiary of Afromart Media East Africa for the purpose of setting forth non- exclusive terms and conditions by which our organization desires to appoint ik-oo as a representative to perform certain services as defined in this agreement by the our organization.
Whereby ik-oo is is involved in property marketing and property tours.
In consideration of the mutual obligations specified in this agreement, the parties intending to be legally bound hereby agree to the following:-
Scope of service Our organization assigns ik-oo as a marketing and property tours agency. Any service outside the scope will require a new agreement agreed by the parties. Our organization appoints ik-oo as a partner agency to perform tasks in this agreement.
Roles:
Our Organization:-
Shall give accurate details of properties, either by property pictures, google map pinning and Road names.
We shall provide a property contact person, who will either be a property caretaker, property manager or staff when ik-oo is conducting tours to our properties.
Ik-oo
Shall liaise with our organization posting accurate details on their platform and presenting themselves through their authorized tour guides and staff with decorum. They shall ensure that after each acquisition they shall hand over the property buyer’s details.
Compensation: In exchange for the full prompt, and satisfactory performance of all services to be rendered by to our organization ik-oo will get a compensation of 3% of the Property sales charge from all properties that ik-oo brings in property buyers.
Ik-oo will invoice our organization after every successful property sale.
Payments will be due within 31 working days. A penalty of Kshs 10,000 will be added to any invoice not paid on time.
Payments shall be paid through Bank Transfer to AFROMART MEDIA EAST AFRICA CO-OPERATIVE BANK RONGAI BRANCH A/C NO. 0110921183070, MPESA, Paybill no. 4088079 or any other approved payment method but not cash.
The above agreement is subject to change from time to time.