An independent contractor is a person or business who performs services for another person under an express or implied agreement and who is not subject to the other's control, or right to control, the manner and means of performing the services. The person who hires an independent contractor is not liable to others for the acts or omissions of the independent contractor. An independent contractor is distinguished from an employee, who works regularly for an employer. The exact nature of the independent contractor's relationship with the hiring party is important since an independent contractor pays their own Social Security, income taxes without payroll deduction, has no retirement or health plan rights, and often is not entitled to worker's compensation coverage.
There are a number of factors which to consider in making the decision whether people are employees or independent contractors. No one factor is controlling, and the characterization of the relationship by the parties is also not controlling.
One of the most important considerations is the degree of control exercised by the company over the work of the workers. An employer has the right to control an employee. It is important to determine whether the company had the right to direct and control the workers not only as to the results desired, but also as to the details, manner and means by which the results were accomplished. If the company had the right to supervise and control such details of the work performed, and the manner and means by which the results were to be accomplished, an employer-employee relationship would be indicated. On the other hand, the absence of supervision and control by the company would support a finding that the workers were independent contractors and not employees. Whether or not such control was exercised is not the determining factor, it is the right to control which is key.
Another factor to be considered is the connection and regularity of business between the independent contractor and the hiring party. Important factors to be considered are separate advertising, procurement of licensing, maintenance of a place of business, and supplying of tools and equipment by the independent contractor. If the service rendered is to be completed by a certain time, as opposed to an indefinite time period, a finding of an independent contractor status is more likely.
Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker is a legal document that establishes the terms and conditions between a real estate salesman and a real estate loan broker in Franklin, Ohio. This agreement outlines the roles, responsibilities, compensation structure, and other important aspects of the independent contractor relationship. Keywords: Franklin Ohio, real estate salesman, independent contractor agreement, real estate loan broker. Types of Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker: 1. Exclusive Agent Agreement: This type of agreement establishes an exclusive relationship between the real estate salesman and the real estate loan broker, ensuring that the salesman exclusively represents the broker in their real estate transactions and loan services. 2. Non-exclusive Agent Agreement: In this agreement, the real estate salesman is not bound exclusively to work with the real estate loan broker, giving them the flexibility to work with other brokers or clients. However, they may still have certain obligations and responsibilities towards the broker. 3. Commission-Based Agreement: This type of agreement focuses on the compensation structure, where the real estate salesman receives a commission based on the successful completion of real estate transactions or loan services. The agreement outlines the commission percentage, payment terms, and other related details. 4. Referral Agreement: A referral agreement is common in the real estate industry, where the real estate salesman refers potential clients or loan seekers to the real estate loan broker in exchange for a referral fee or commission. This agreement defines the terms of the referral relationship and the compensation structure. 5. Termination Agreement: This agreement outlines the terms and procedures for terminating the independent contractor relationship between the real estate salesman and the real estate loan broker. It covers the notice period, grounds for termination, and any post-termination obligations or restrictions. In summary, the Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker is a crucial legal document that protects the rights and establishes the professional relationship between real estate salesmen and loan brokers in Franklin, Ohio. The agreement can have different types, including exclusive or non-exclusive agent agreements, commission-based agreements, referral agreements, and termination agreements.Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker is a legal document that establishes the terms and conditions between a real estate salesman and a real estate loan broker in Franklin, Ohio. This agreement outlines the roles, responsibilities, compensation structure, and other important aspects of the independent contractor relationship. Keywords: Franklin Ohio, real estate salesman, independent contractor agreement, real estate loan broker. Types of Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker: 1. Exclusive Agent Agreement: This type of agreement establishes an exclusive relationship between the real estate salesman and the real estate loan broker, ensuring that the salesman exclusively represents the broker in their real estate transactions and loan services. 2. Non-exclusive Agent Agreement: In this agreement, the real estate salesman is not bound exclusively to work with the real estate loan broker, giving them the flexibility to work with other brokers or clients. However, they may still have certain obligations and responsibilities towards the broker. 3. Commission-Based Agreement: This type of agreement focuses on the compensation structure, where the real estate salesman receives a commission based on the successful completion of real estate transactions or loan services. The agreement outlines the commission percentage, payment terms, and other related details. 4. Referral Agreement: A referral agreement is common in the real estate industry, where the real estate salesman refers potential clients or loan seekers to the real estate loan broker in exchange for a referral fee or commission. This agreement defines the terms of the referral relationship and the compensation structure. 5. Termination Agreement: This agreement outlines the terms and procedures for terminating the independent contractor relationship between the real estate salesman and the real estate loan broker. It covers the notice period, grounds for termination, and any post-termination obligations or restrictions. In summary, the Franklin Ohio Real Estate Salesman Independent Contractor Agreement with Real Estate Loan Broker is a crucial legal document that protects the rights and establishes the professional relationship between real estate salesmen and loan brokers in Franklin, Ohio. The agreement can have different types, including exclusive or non-exclusive agent agreements, commission-based agreements, referral agreements, and termination agreements.
