Co Broker Agreement Commercial (Real Estate) Template for Philippines

1. Parties: Identifies the co-brokers entering into the agreement, including their license numbers and contact details

2. Background: Explains the context of the agreement and the parties' intentions to collaborate on real estate transactions

3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Commission', 'Client', etc.

4. Scope of Agreement: Defines the nature and extent of the co-brokerage relationship and covered transactions

5. Term and Termination: Specifies the duration of the agreement and conditions for termination

6. Commission Structure: Details the commission split arrangements and payment terms between the co-brokers

7. Roles and Responsibilities: Outlines specific duties and obligations of each broker in the co-brokerage relationship

8. Confidentiality: Establishes obligations regarding confidential information and client data protection

9. Professional Standards: Sets forth the expected standards of professional conduct and compliance with RESA requirements

10. Dispute Resolution: Specifies procedures for resolving disputes between the parties

11. Governing Law: Establishes Philippine law as governing law and jurisdiction

12. General Provisions: Contains standard clauses including notices, amendments, and severability

1. Schedule A - Commission Structure: Detailed breakdown of commission splits for different transaction types and values

2. Schedule B - Territory Definition: Map or description of geographical areas covered by the agreement

3. Schedule C - Property Listings: List of specific properties covered under the agreement

4. Schedule D - Marketing Guidelines: Specific guidelines for joint marketing efforts and branding

5. Appendix 1 - Required Documentation: List of required documents for transactions and compliance

6. Appendix 2 - Professional Credentials: Copies of licenses, certifications, and professional credentials

7. Appendix 3 - Standard Forms: Templates for commonly used forms in co-broking transactions