Real Estate Broker Contract Template for Belgium

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Key Requirements PROMPT example:

Real Estate Broker Contract

"I need a Real Estate Broker Contract under Belgian law for an exclusive 6-month agreement starting March 1, 2025, to sell a luxury residential property in Brussels, with specific provisions for international marketing and virtual tours."

Document background

The Real Estate Broker Contract is a fundamental document in Belgian property transactions, required whenever a professional real estate agent is engaged to market, sell, or lease property. This contract must comply with the stringent requirements of the Professional Institute of Real Estate Agents (IPI/BIV) and Belgian federal regulations. It establishes the scope of the broker's authority, details their professional obligations, and sets out the commission structure. The document is essential for both residential and commercial property transactions in Belgium, incorporating necessary provisions for GDPR compliance, anti-money laundering regulations, and consumer protection. It can be used for both exclusive and non-exclusive arrangements and must include specific regulatory disclosures required under Belgian law.

Suggested Sections

1. Parties: Identification of the broker (including IPI/BIV registration number) and the client

2. Background: Context of the agreement and confirmation of broker's professional status

3. Definitions: Key terms used throughout the agreement including Property, Services, Commission, etc.

4. Appointment and Scope: Formal appointment of broker and detailed description of services to be provided

5. Duration: Term of the agreement, including start date and duration (exclusive/non-exclusive periods)

6. Broker's Obligations: Detailed listing of broker's responsibilities, professional duties, and service standards

7. Client's Obligations: Client's responsibilities including information provision and cooperation requirements

8. Commission Structure: Detailed breakdown of fees, commission rates, payment terms and conditions

9. Property Information: Details of the property and authorized listing price/range

10. Marketing and Promotion: Agreement on marketing strategies, advertising methods, and related costs

11. Data Protection: GDPR compliance provisions and data handling procedures

12. Confidentiality: Confidentiality obligations for both parties

13. Termination: Conditions and procedures for contract termination

14. Governing Law: Confirmation of Belgian law application and jurisdiction

Optional Sections

1. Exclusivity Provisions: Used when the agreement is exclusive, detailing the terms of exclusivity

2. International Marketing: Include when property marketing will extend beyond Belgium

3. Special Property Features: For properties with unique characteristics requiring special marketing or handling

4. Anti-Money Laundering: Enhanced AML provisions for high-value properties or international clients

5. Property Management: Include when broker will provide additional property management services

6. Multiple Properties: Used when the agreement covers more than one property

7. Sub-Agents: Include when broker may engage other agents or partnerships

8. Virtual Tours: Special provisions for digital marketing and virtual viewing arrangements

Suggested Schedules

1. Property Details Schedule: Detailed description of the property, including cadastral details and specifications

2. Commission Schedule: Detailed breakdown of commission structures and calculation methods

3. Marketing Plan: Detailed marketing strategy and promotional activities

4. Required Documentation: List of necessary documents for property sale/rental

5. Service Level Agreement: Detailed breakdown of service standards and response times

6. Data Processing Agreement: GDPR-compliant data processing terms and procedures

7. Proof of IPI/BIV Registration: Copy of broker's professional registration and insurance

8. Property Photos and Plans: Official property photographs, floor plans, and technical drawings

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Development

Property Management

Commercial Property

Residential Property

Retail Property

Industrial Property

Luxury Real Estate

Investment Property

Property Investment

Construction

Urban Development

Relevant Teams

Legal

Compliance

Real Estate

Sales

Business Development

Property Management

Operations

Risk Management

Investment

Contract Administration

Relevant Roles

Real Estate Broker

Property Manager

Real Estate Agent

Commercial Property Manager

Legal Counsel

Compliance Officer

Real Estate Director

Sales Manager

Business Development Manager

Property Developer

Investment Manager

Real Estate Investment Advisor

Contract Administrator

Risk Manager

Operations Director

Find the exact document you need

Contract Between Agency And Client

A Belgian law-governed agreement establishing the terms and conditions between a service agency and its client, including service scope, payments, and legal obligations.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Real Estate Broker Contract

Authors

Alex Denne

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