The Buyer Agency Agreement Form is a crucial document in UAE real estate transactions that formalizes the professional relationship between property buyers and their chosen real estate agents. This agreement is essential for protecting both parties' interests and ensuring compliance with UAE Federal Law No. 39 of 2006 and RERA regulations. It is typically used when a buyer seeks professional representation in property transactions, whether for residential, commercial, or investment purposes. The document includes comprehensive details about the agent's services, compensation structure, duration of representation, and specific obligations of both parties. It is particularly important in the UAE market where property transactions involve specific legal requirements, foreign ownership considerations, and strict regulatory compliance. The agreement serves as a foundation for the buyer-agent relationship, providing clarity on expectations and responsibilities while ensuring adherence to local real estate practices and regulations.

1. Parties: Identification of the buyer (principal) and the real estate agent/agency (agent), including their full legal names, addresses, and relevant license/registration numbers

2. Background: Context of the agreement, including the buyer's intention to purchase property and the agent's qualifications and RERA registration

3. Definitions: Key terms used throughout the agreement, including specific UAE real estate terminology

4. Appointment and Scope: Formal appointment of the agent and detailed scope of services to be provided

5. Agent's Duties and Responsibilities: Comprehensive list of agent's obligations including property search, negotiations, and documentation assistance

6. Buyer's Obligations: Buyer's commitments including providing accurate information, cooperation, and timely responses

7. Exclusivity: Terms regarding whether the agreement is exclusive or non-exclusive

8. Commission and Fees: Detailed structure of agent's compensation, payment terms, and conditions for commission earning

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

10. Confidentiality: Obligations regarding confidential information handling

11. Liability and Indemnification: Extent of agent's liability and mutual indemnification provisions

12. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes

13. Notices: Process and requirements for formal communications between parties

14. General Provisions: Standard clauses including amendment process, severability, and entire agreement provisions