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Buyer Agency Agreement
"I need a Buyer Agency Agreement for a Belgian tech company seeking to acquire commercial properties in Brussels, with exclusive representation for 6 months starting March 2025, including specific provisions for multi-language documentation and cross-border transactions."
1. Parties: Identification of the buyer (principal) and the real estate agent (agent), including full legal names, addresses, and registration numbers
2. Background: Context of the agreement, including the buyer's intention to purchase property and the agent's professional status
3. Definitions: Key terms used throughout the agreement, including specific Belgian real estate terminology
4. Appointment and Scope: Formal appointment of the agent and detailed description of services to be provided
5. Duration and Termination: Term of the agreement, renewal conditions, and termination rights as per Belgian law
6. Agent's Obligations: Detailed responsibilities including property search, negotiations, due diligence, and compliance with Belgian real estate regulations
7. Client's Obligations: Buyer's responsibilities, including providing accurate information and cooperation
8. Compensation: Fee structure, payment terms, and conditions for commission earning
9. Exclusivity: Terms regarding exclusive or non-exclusive nature of the agency relationship
10. Confidentiality: Obligations regarding confidential information and compliance with Belgian privacy laws
11. Data Protection: GDPR compliance and data processing terms
12. Liability and Insurance: Limitation of liability clauses and professional insurance requirements
13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction
14. Signatures: Execution block with date and signatures
1. Special Property Requirements: Used when the buyer has specific property requirements or preferences that need detailed documentation
2. International Considerations: Include when the buyer is non-Belgian or when cross-border elements are involved
3. Additional Services: Used when the agent provides services beyond standard property search and acquisition
4. Property Management: Include when post-acquisition property management services are part of the agreement
5. Language Provisions: Required when the agreement is executed in multiple languages
6. Anti-Money Laundering Compliance: Detailed AML procedures when dealing with high-value transactions or specific risk factors
7. Force Majeure: Include specific force majeure provisions for market disruptions or exceptional circumstances
1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, commissions, and payment terms
2. Schedule 2 - Service Level Agreement: Specific performance metrics and service standards
3. Schedule 3 - Property Requirements: Detailed list of buyer's property requirements and preferences
4. Schedule 4 - Authorized Representatives: List of persons authorized to act on behalf of the buyer
5. Schedule 5 - Required Documentation: Checklist of documents required for property transactions
6. Appendix A - Agent's Professional Credentials: Copies of agent's licenses and professional registrations
7. Appendix B - Privacy Policy: Detailed data protection and privacy policies
8. Appendix C - Complaints Procedure: Format and process for handling disputes or complaints
Authors
Agreement
Beneficial Owner
Business Day
Buyer
Commission
Confidential Information
Data Protection Laws
Due Diligence
Effective Date
Exclusive Period
Force Majeure
IPI Number
Mandate
Offer
Personal Data
Property
Property Requirements
Purchase Price
Region
Registration Duties
Regulated Agent
Related Services
Representative
Search Area
Search Criteria
Services
Target Property
Term
Territory
Transaction
VAT
Viewing Report
Scope of Services
Exclusivity
Duration
Termination
Agent's Obligations
Client's Obligations
Fees and Commission
Payment Terms
Property Search Parameters
Viewing and Reporting
Negotiation Authority
Due Diligence
Confidentiality
Data Protection
Anti-Money Laundering
Professional Insurance
Liability
Force Majeure
Assignment
Notices
Severability
Entire Agreement
Amendments
Governing Law
Jurisdiction
Language
Professional Conduct
Consumer Protection
Regulatory Compliance
Real Estate
Property Development
Property Investment
Professional Services
Legal Services
Financial Services
Construction
Commercial Property
Residential Property
Legal
Real Estate
Compliance
Risk Management
Client Relations
Property Acquisitions
Contract Management
Business Development
Operations
Real Estate Agent
Property Buyer's Agent
Real Estate Broker
Legal Counsel
Compliance Officer
Property Consultant
Real Estate Manager
Contract Manager
Real Estate Director
Property Acquisition Manager
Client Relations Manager
Risk Manager
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