Buyer Representation Agreement for Malta
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Buyer Representation Agreement
"I need a Buyer Representation Agreement for a high-net-worth individual seeking to purchase luxury residential property in Malta, with exclusive representation for 6 months starting March 2025, including international property search services and anti-money laundering compliance provisions."
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1. Parties: Identification of the buyer (client) and the real estate agent/agency, including full legal names, registration numbers, and contact details
2. Background: Context of the agreement, including the buyer's intention to purchase property and the agent's qualifications and licenses
3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Services', 'Commission', and 'Exclusive Period'
4. Appointment and Scope of Services: Formal appointment of the agent and detailed description of services to be provided
5. Term of Agreement: Duration of the agreement, including start date and termination conditions
6. Agent's Obligations: Detailed responsibilities of the agent, including property search, negotiations, and professional conduct requirements
7. Client's Obligations: Buyer's responsibilities, including providing accurate requirements, cooperating with the agent, and maintaining confidentiality
8. Commission Structure: Details of the agent's fees, payment terms, and conditions for commission becoming payable
9. Exclusivity Terms: Whether the agreement is exclusive and implications thereof
10. Confidentiality: Obligations regarding confidential information and data protection compliance
11. Termination: Circumstances and procedures for ending the agreement
12. Governing Law and Jurisdiction: Confirmation of Maltese law application and jurisdiction
13. Signatures: Execution section with date and signatures of all parties
1. Multiple Agency Clause: Section to be included when the buyer may work with multiple agents
2. International Property Search: Additional terms for cases where the property search extends beyond Malta
3. Special Requirements: Section for unusual or specific property requirements or search criteria
4. Property Management Services: Optional additional services for managing the property post-purchase
5. Language Selection: For non-Maltese buyers, specifying the controlling language of the agreement
6. Alternative Dispute Resolution: Optional mediation or arbitration procedures before court litigation
7. Force Majeure: Clause dealing with unforeseen circumstances preventing performance
1. Schedule A - Property Requirements: Detailed list of buyer's property requirements including location, size, budget, and specific features
2. Schedule B - Commission Structure: Detailed breakdown of fees, commission rates, and payment terms
3. Schedule C - Services Description: Comprehensive list of services to be provided by the agent
4. Schedule D - Excluded Properties: List of properties already shown to the buyer or excluded from the agreement
5. Appendix 1 - Agent's Credentials: Copies of agent's licenses and professional certifications
6. Appendix 2 - AML Requirements: Anti-money laundering documentation requirements and procedures
7. Appendix 3 - Privacy Notice: GDPR-compliant privacy notice detailing how personal data will be processed
Authors
Agent
Buyer
Client
Commission
Completion
Confidential Information
Deposit
Due Diligence
Effective Date
Exclusive Period
Expenses
Final Purchase Price
Intellectual Property Rights
Maltese Law
Material Information
Negotiation Services
Notice
Offer
Party/Parties
Preliminary Agreement
Promise of Sale Agreement
Property
Property Requirements
Purchase Price
Qualifying Property
Real Estate Services
Registered Property
Related Persons
Representations
Required Information
Services
Success Fee
Term
Territory
Third Party
Transaction
Viewing
Working Day
Scope of Services
Exclusivity
Duration
Commission
Payment Terms
Agent Obligations
Client Obligations
Confidentiality
Data Protection
Anti-Money Laundering
Representations and Warranties
Property Search Parameters
Viewing Arrangements
Negotiation Authority
Success Fee
Termination
Force Majeure
Assignment
Notices
Entire Agreement
Severability
Variation
Waiver
Third Party Rights
Dispute Resolution
Governing Law
Jurisdiction
Real Estate
Property Development
Professional Services
Legal Services
Financial Services
Property Investment
Retail Property
Commercial Property
Residential Property
Hospitality
Legal
Compliance
Real Estate
Property Acquisitions
Business Development
Risk Management
Operations
Contracts Administration
Investment
Corporate Services
Real Estate Agent
Property Broker
Legal Counsel
Compliance Officer
Property Consultant
Real Estate Manager
Contract Manager
Business Development Manager
Property Acquisition Manager
Investment Manager
Real Estate Director
Head of Real Estate
Chief Operating Officer
Legal Director
Risk Manager
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