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1. Parties: Identification of the co-brokers entering into the agreement, including their registration details and RERA licenses
2. Background: Context of the agreement and brief description of the parties' business activities
3. Definitions: Key terms used throughout the agreement including 'Territory', 'Commission', 'Qualified Lead', etc.
4. Scope of Cooperation: Details of how the brokers will work together and share business opportunities
5. Commission Structure: Terms of commission sharing, calculation methods, and payment procedures
6. Responsibilities and Obligations: Specific duties and obligations of each broker in the co-broking relationship
7. Confidentiality: Protection of sensitive information shared between parties
8. Non-Solicitation: Restrictions on soliciting each other's clients or employees
9. Term and Termination: Duration of the agreement and conditions for termination
10. Dispute Resolution: Procedures for resolving conflicts between the parties
11. Governing Law: Specification of Indian law as governing law and jurisdiction
12. General Provisions: Standard clauses including notices, amendments, and severability
1. Exclusive Territory: Used when brokers agree to specific geographic territories for their operations
2. Marketing and Branding: Include when there are specific requirements for co-branded marketing materials
3. Technology Integration: Required when parties need to integrate their property listing platforms or CRM systems
4. Training Requirements: Include when parties agree to provide training to each other's staff
5. Insurance Requirements: Used when specific insurance coverage is required for the co-broking relationship
6. Performance Metrics: Include when parties want to establish specific performance targets or KPIs
7. Data Protection: Required when significant personal data sharing is involved in the cooperation
1. Schedule A - Commission Structure: Detailed breakdown of commission splits for different types of transactions
2. Schedule B - Territory Map: Geographical boundaries of exclusive territories if applicable
3. Schedule C - Required Documentation: List of documents required for processing transactions
4. Schedule D - Standard Operating Procedures: Detailed procedures for lead sharing and transaction processing
5. Schedule E - Contact Information: Key personnel and escalation matrix for both parties
6. Appendix 1 - RERA Certificates: Copies of current RERA registration certificates
7. Appendix 2 - Insurance Certificates: Copies of relevant insurance policies if required
Applicable Law
Business Day
Commission
Commission Split
Confidential Information
Cooperating Broker
Effective Date
Exclusive Territory
Force Majeure
Intellectual Property Rights
Lead
Lead Broker
Licensed Activities
Material Breach
Net Commission
Primary Broker
Property
Qualified Lead
RERA
RERA License
Representatives
Referral Fee
Services
Term
Territory
Transaction
Transaction Documents
Working Hours
Client
Buyer
Seller
Marketing Materials
Professional Standards
Listing
Listing Period
Commission Rate
Operating Procedures
Standard Operating Procedures
Dispute Resolution Procedure
Interpretation
Appointment
Scope of Services
Territory
Commission
Payment Terms
Obligations
Representations and Warranties
Confidentiality
Non-Solicitation
Non-Competition
Intellectual Property
Data Protection
Compliance
Insurance
Indemnification
Limitation of Liability
Term
Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Waiver
Relationship of Parties
Costs
Counterparts
Marketing
Performance Standards
Record Keeping
Audit Rights
Real Estate
Commercial Property
Residential Property
Industrial Property
Retail Property
Property Development
Property Investment
Property Management
Construction
Real Estate Technology
Legal
Real Estate Operations
Sales
Business Development
Compliance
Property Management
Contract Administration
Partnership Management
Risk Management
Finance
Real Estate Broker
Property Consultant
Real Estate Agent
Business Development Manager
Sales Director
Managing Director
Compliance Officer
Legal Counsel
Real Estate Operations Manager
Branch Manager
Property Manager
Sales Manager
Real Estate Partnership Manager
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