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Co Broker Agreement
I need a Co-Broker Agreement under Danish law for a partnership between two real estate agencies in Copenhagen, focusing on residential properties with a 60-40 commission split, to commence from March 1, 2025.
1. Parties: Identification of the cooperating brokers, including their business registration numbers and license details
2. Background: Context of the agreement and the brokers' intention to cooperate
3. Definitions: Key terms used throughout the agreement, including technical and industry-specific terminology
4. Scope of Cooperation: Defines the nature and extent of the co-broking relationship
5. Territory and Exclusivity: Geographical areas covered and any exclusivity arrangements
6. Commission Structure: Details of commission sharing, calculation methods, and payment terms
7. Responsibilities and Obligations: Specific duties of each broker, including client handling and property marketing
8. Marketing and Branding: Guidelines for joint marketing efforts and use of respective brands
9. Confidentiality: Protection of sensitive information and client data
10. Data Protection: GDPR compliance measures and data sharing protocols
11. Term and Termination: Duration of the agreement and conditions for termination
12. Governing Law and Jurisdiction: Confirmation of Danish law application and dispute resolution procedures
1. Non-Compete Clause: Restrictions on competing activities, used when brokers want to protect their market interests
2. Specialized Property Types: Specific provisions for handling particular property categories (commercial, luxury, etc.)
3. International Cooperation: Additional terms for cross-border transactions and international client handling
4. Training and Support: Provisions for shared training programs and mutual support services
5. Insurance Requirements: Specific insurance obligations beyond statutory requirements
6. Marketing Budget: Terms for shared marketing expenses and budget allocation
7. Online Platform Integration: Terms for sharing and managing listings on digital platforms
8. Referral System: Detailed process for client referrals and associated compensation
1. Schedule 1 - Commission Structure: Detailed breakdown of commission rates and calculation methods for different property types
2. Schedule 2 - Territory Map: Detailed mapping of geographical territories and any overlap zones
3. Schedule 3 - Marketing Guidelines: Specific requirements for co-branded marketing materials and campaigns
4. Schedule 4 - Required Documentation: List of mandatory documents and forms for property transactions
5. Schedule 5 - Contact Points: Key personnel and escalation procedures for both parties
6. Appendix A - Data Processing Agreement: Detailed GDPR-compliant data processing terms
7. Appendix B - Service Level Agreement: Performance metrics and response time requirements
8. Appendix C - Compliance Checklist: Anti-money laundering and regulatory compliance requirements
Authors
Applicable Law
Broker License
Business Day
Client
Co-Broker
Commission
Commission Split
Confidential Information
Data Protection Laws
Effective Date
Exclusive Listing
Force Majeure
GDPR
Intellectual Property Rights
Lead Broker
Listed Property
Listing Agreement
Marketing Materials
Net Commission
Party/Parties
Personal Data
Primary Broker
Property
Prospect
Referral Fee
Service Territory
Shared Information
Term
Transaction
Working Hours
Territory
Ejendomsmægler
Professional Standards
Regulatory Requirements
Sales Documentation
Termination Date
Transaction Documents
Valid Claim
Definitions
Appointment and Authority
Territory Rights
Exclusivity
Commission Structure
Payment Terms
Service Standards
Marketing and Branding
Property Listings
Client Relations
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Compliance Requirements
Anti-Money Laundering
Professional Indemnity
Liability and Indemnification
Insurance
Term and Duration
Termination Rights
Force Majeure
Assignment and Succession
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Representations and Warranties
Real Estate
Commercial Property
Residential Property
Industrial Property
Luxury Real Estate
Property Development
Property Investment
Retail Property
Office Space
Agricultural Property
Legal
Compliance
Real Estate Sales
Business Development
Operations
Marketing
Administration
Property Management
Commercial Property
Residential Property
Client Relations
Risk Management
Real Estate Broker
Property Agent
Sales Director
Business Development Manager
Real Estate Manager
Compliance Officer
Legal Counsel
Managing Director
Branch Manager
Operations Manager
Marketing Director
Property Portfolio Manager
Senior Real Estate Consultant
Commercial Property Specialist
Residential Sales Manager
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