GENERAL TERMS AND CONDITIONS OF BUSINESS
FOR REAL ESTATE BROKERAGE AND LEASING
CITY SPACE REAL ESTATE D.O.O.
These General Terms and Conditions of Business of City Space Real Estate d.o.o., located at Bulevar Vudroa Vilsona 17/209, Belgrade, Tax ID: 114874880, Registration No.: 22083627, registered in the Register of Real Estate Brokers under No. 1981 (hereinafter: the Broker), in accordance with Article 28 of the Law on Real Estate Brokerage and Leasing (hereinafter: the Law), regulate the mutual relations between the Broker and the client (natural or legal person) who concludes a Brokerage Agreement with the Broker for the purpose of concluding a legal transaction related to the sale or lease of real estate (hereinafter: the Client).
By signing the Brokerage Agreement, the Client confirms that they are familiar with and agree to these General Terms and Conditions. These Terms are displayed in a visible place in the Broker’s office as well as on the Broker’s website.
Brokerage services are performed based on a Brokerage Agreement concluded between the Client and the Broker, in written or electronic form, in accordance with Articles 9–15 of the Law on Electronic Commerce (“Official Gazette of RS”, No. 41/09 and 95/13).
The Client may be a seller, buyer, lessor, or lessee, or their authorized representative.
The Client may enter into brokerage agreements with multiple brokers simultaneously, except in cases of exclusive brokerage.
A buyer or lessee as Client is obliged to pay the brokerage fee to the broker who first enabled them to view the property or first introduced them to it. If the Client had previously viewed the property through another broker or independently, they must inform the broker; otherwise, it will be considered that the property was first presented by the broker.
The buyer or lessee must sign a Brokerage Agreement with the broker prior to viewing the property.
If the buyer or lessee refuses to sign the agreement, the broker is not obliged to show the property. If the broker shows the property despite refusal and the buyer/lessee or related parties conclude a contract, the broker’s involvement may be proven by other means (witnesses, written/electronic records, SMS, etc.).
A seller or lessor as Client must pay the fee to the broker who first connected them with a potential buyer or lessee. If the broker introduces a person who has already viewed the property, the Client must inform the broker; otherwise, it will be deemed that the connection was first made by that broker.
It is considered that the broker has enabled contact if they:
The broker may photograph and record video of the property with Client consent and use them for marketing.
All materials created by the broker are the broker’s intellectual property and cannot be used without written consent.
The broker may conclude a sub-brokerage agreement with another broker with Client consent and must provide a copy within 5 days.
The broker has the right to issue invoices in accordance with the agreement.
The Client may agree not to sell independently or engage another broker during the agreed period.
If the Client violates exclusivity, they must compensate the broker in the amount of the agreed fee.
The broker must clearly explain the legal consequences of exclusivity.
The Client is obliged to:
The broker earns the fee upon notarization of the preliminary or final agreement, or within 5 days of transaction completion.
For credit buyers:
If the Client withdraws, the broker is entitled to 50% of the fee.
No advance commission may be charged before agreement conclusion.
Fees and costs are defined in the official price list.
The broker may charge additional costs if agreed.
The broker is entitled to a fee if related parties conclude the deal.
If a deal is concluded within 6 months after termination as a result of broker’s work, full or proportional fee applies.
The broker has no right to a fee if acting as a contracting party.
Documentation costs are borne by the Client unless agreed otherwise.
The broker may grant discounts or agree on a fixed fee.
The broker must act with due professional care.
The broker is not responsible for fulfillment of obligations between parties.
The broker is not liable for property defects unless knowingly concealed.
The agreement is valid for the agreed period (default: 2 years).
It ends upon:
Termination takes effect upon delivery.
The Client must reimburse incurred costs upon termination.
For matters not covered, applicable laws of Serbia apply, including the Law on Real Estate Brokerage and the Law on Obligations.
These Terms enter into force on April 3, 2025.
Sale:
Purchase:
Leasing (Lessor):
Leasing (Lessee):
Any deviations from this price list are agreed directly with the broker.
VAT is calculated in accordance with legal obligations.
Additional services are charged separately based on agreement.
CITY SPACE REAL ESTATE D.O.O.
Bulevar Vudroa Vilsona 17/209, Belgrade
Tax ID: 114874880 | Reg. No.: 22083627
Phone: +381 64 816 1061
Email: office@cityspace.rs
Broker Register No.: 1981