Exclusive Buyer Agent Agreement Template for Austria

The Exclusive Buyer Agent Agreement is a specialized contract used in Austrian real estate transactions when a buyer wishes to secure dedicated representation in their property search. This document is particularly important when buyers seek professional assistance in navigating the Austrian real estate market, whether for residential or commercial properties. The agreement establishes the agent as the buyer's sole representative, preventing conflicts of interest and ensuring focused service. It typically includes detailed property requirements, commission structures, and service levels, all compliant with Austrian real estate regulations and the Civil Code (ABGB). This type of agreement is commonly used by both individual buyers and corporate entities, especially in complex or high-value property transactions where dedicated, exclusive representation is crucial.

1. Parties: Identification of the buyer and the real estate agent, including full legal names, addresses, and professional credentials of the agent

2. Background: Context of the agreement, including the buyer's intention to purchase real estate and the agent's professional capacity

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Commission'

4. Appointment and Scope: Establishes the exclusive appointment of the agent and defines the territorial scope of the agreement

5. Duration: Specifies the term of the exclusive agreement and any automatic renewal provisions

6. Agent's Services and Obligations: Detailed description of services to be provided by the agent, including property search, negotiations, and advisory services

7. Buyer's Obligations: Buyer's commitments, including providing accurate requirements, maintaining exclusivity, and cooperation obligations

8. Commission Structure: Details of the agent's compensation, payment timing, and circumstances triggering commission payment

9. Exclusivity Provisions: Specific terms reinforcing the exclusive nature of the agreement and consequences of breach

10. Termination: Grounds for termination, notice requirements, and consequences of early termination

11. Confidentiality: Obligations regarding confidential information exchanged during the engagement

12. General Provisions: Standard clauses including governing law, notices, and entire agreement provisions