agentuurileping

An agentuurileping, or agency agreement, is a contract where one party, the principal, grants another party, the agent, the authority to act on their behalf in business dealings. This typically involves the agent representing the principal in negotiations, sales, or other commercial transactions with third parties. The specific scope of the agent's authority is defined in the agreement, outlining the types of actions they can take and the limitations they must observe.

The agreement usually details the agent's responsibilities, such as marketing the principal's products or services, finding clients, and concluding deals. In return for their services, the agent is typically compensated through commission, a fixed fee, or a combination of both. The duration of the agency relationship and the conditions for termination are also crucial aspects covered in the contract. This type of agreement is common in various industries, including sales, real estate, and intellectual property licensing. It establishes a clear framework for the principal-agent relationship, outlining rights, obligations, and dispute resolution mechanisms.