Real Estate Agent Referral Agreement Template for United Arab Emirates

The Real Estate Agent Referral Agreement is essential for real estate professionals operating in the UAE who wish to establish formal referral relationships with other agents or brokers. This document is particularly relevant in the context of the UAE's dynamic real estate market, where cross-emirate and international referrals are common. It addresses the requirements set forth by UAE Federal Law No. 39 of 2006 and relevant emirate-specific regulations, particularly those established by Dubai's Real Estate Regulatory Agency (RERA). The agreement is typically used when real estate agents wish to refer clients to other agents who may be better positioned to serve specific client needs, whether due to geographic location, property specialization, or market expertise. It includes detailed provisions for commission sharing, professional obligations, confidentiality, and compliance with local real estate regulations, ensuring a clear framework for professional cooperation while maintaining regulatory compliance.

1. Parties: Identification of the referring agent/broker and receiving agent/broker, including their respective license numbers and registration details as required by UAE regulations

2. Background: Context of the agreement, including the purpose of establishing a referral relationship and acknowledgment of the parties' qualifications under UAE law

3. Definitions: Key terms used in the agreement, including 'Referral', 'Referred Client', 'Commission', 'Property Transaction', and other relevant terms

4. Scope of Agreement: Details of the referral arrangement, territories covered, and types of properties/transactions included

5. Referral Process: Step-by-step procedure for making and accepting referrals, including documentation requirements

6. Commission Structure: Details of referral fees, calculation methods, and payment terms in compliance with RERA regulations

7. Parties' Obligations: Specific duties and responsibilities of both referring and receiving agents

8. Payment Terms: Timing and method of commission payments, including currency and payment procedures

9. Confidentiality: Provisions regarding confidential information and client data protection

10. Term and Termination: Duration of the agreement and circumstances for termination

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

12. General Provisions: Standard legal provisions including notices, amendments, and entire agreement clauses