Vendor Terms
Vendor Terms and Conditions
Effective Date: 17/02/2026
Company: One Above Realty
Website: oneaboverealty.in
These Vendor Terms and Conditions (“Agreement”) govern the relationship between One Above Realty (“Company”, “We”, “Us”) and any property owner, developer, landlord, contractor, or service provider (“Vendor”, “You”) who engages our services.
By signing a listing agreement or engaging our services, you agree to these terms.
1. Appointment & Authority
The Vendor appoints One Above Realty as an authorized agent to market, advertise, lease, or sell the property described in the listing agreement.
The Vendor confirms that:
They are the lawful owner or authorized representative of the property
They have full authority to market and transact the property
All information provided is accurate and complete
2. Vendor Obligations
The Vendor agrees to:
Provide truthful, accurate, and updated property information
Disclose any legal disputes, liens, encumbrances, or material defects
Allow reasonable access for inspections, marketing, and viewings
Maintain the property in presentable condition during the listing period
Cooperate in good faith during negotiations
Failure to disclose material facts may result in termination of the agreement.
3. Marketing & Promotion
One Above Realty may market the property using:
Website listings
Social media platforms
Online property portals
Email campaigns
Print advertisements
Professional photography and videography
The Company reserves the right to determine marketing strategies unless otherwise agreed in writing.
4. Commission & Fees
The Vendor agrees to pay the agreed commission or service fee as stated in the listing agreement.
Commission is payable upon successful sale, lease execution, or transaction completion.
Commission is due regardless of whether the buyer/tenant was introduced directly or indirectly through the Company during the listing term.
Late payments may incur additional charges.
All fees are exclusive of applicable taxes unless otherwise stated.
5. Exclusive vs Non-Exclusive Listing
If the Vendor signs an Exclusive Listing Agreement, the property may not be marketed through other agents during the agreed period.
If the Vendor breaches exclusivity, the agreed commission remains payable.
6. Pricing & Negotiation
The Vendor retains final authority over pricing decisions and acceptance of offers.
However, One Above Realty may provide professional recommendations based on market conditions.
7. Documentation & Legal Compliance
The Vendor must provide:
Proof of ownership
Government-issued identification
Required compliance documents
Any legally required certificates or approvals
The Company is not responsible for legal deficiencies in Vendor documentation.
8. Indemnification
The Vendor agrees to indemnify and hold harmless One Above Realty from:
Claims arising from inaccurate property information
Legal disputes regarding ownership
Undisclosed property defects
Third-party claims related to the property
9. Limitation of Liability
One Above Realty shall not be liable for:
Market fluctuations affecting sale price
Buyer/tenant financing failures
Delays beyond reasonable control
Indirect or consequential losses
10. Termination
Either party may terminate the agreement in writing subject to:
Notice period as defined in the listing agreement
Settlement of outstanding fees
Payment for marketing expenses already incurred
11. Confidentiality
Both parties agree to maintain confidentiality of sensitive financial, personal, and transactional information.
12. Dispute Resolution
Any dispute arising under this Agreement shall first be resolved through mutual negotiation.
If unresolved, disputes shall be subject to mediation or arbitration under the laws of [Insert Country/State].
13. Governing Law
This Agreement shall be governed by the laws of [Insert Country/State].
14. Acceptance
By signing the listing agreement or engaging the services of One Above Realty, the Vendor confirms acceptance of these Terms and Conditions.