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Real Estate Agent Buyer Agreement
"I need a Real Estate Agent Buyer Agreement for an international client searching for luxury commercial properties in Vienna, with specific provisions for remote viewings and multilingual documentation, targeting properties above 鈧5 million."
1. Parties: Identification of the real estate agent and the buyer, including full legal names, addresses, and registration/license numbers for the agent
2. Background: Context of the agreement, including the buyer's intention to purchase property and the agent's role in the process
3. Definitions: Key terms used throughout the agreement, including technical and legal terminology
4. Scope of Services: Detailed description of services to be provided by the agent, including property search, viewings, and negotiation assistance
5. Agent's Obligations: Specific duties and responsibilities of the agent, including disclosure requirements and fiduciary duties
6. Client's Obligations: Buyer's responsibilities, including providing accurate information and cooperating with the agent
7. Commission Structure: Details of the agent's compensation, including rate, calculation method, and payment terms
8. Duration and Termination: Term of the agreement, renewal provisions, and conditions for termination
9. Exclusivity Terms: Whether the agreement is exclusive or non-exclusive, and implications thereof
10. Confidentiality: Obligations regarding confidential information and data protection
11. Liability and Insurance: Extent of agent's liability and professional insurance coverage
12. Governing Law: Confirmation of Austrian law application and jurisdiction
13. Signatures: Execution block for all parties
1. Special Property Requirements: Used when the buyer has specific property criteria or requirements that need detailed documentation
2. International Considerations: Include when the buyer is a foreign national or when international aspects need to be addressed
3. Financing Conditions: Include when the agreement needs to address specific financing arrangements or conditions
4. Multiple Buyer Provisions: Used when there are multiple buyers acting together
5. Property Management Services: Include when the agent will provide additional property management services post-purchase
6. Language Provisions: Include when the agreement needs to address multiple languages or translations
7. Digital Communications: Include specific provisions for digital communication and virtual viewings when relevant
1. Schedule A - Service Fee Structure: Detailed breakdown of all fees, commissions, and payment terms
2. Schedule B - Property Requirements: Detailed specification of the type of property sought, including location, size, price range, and other criteria
3. Schedule C - Agent's Credentials: Copies of agent's licenses, registrations, and professional certifications
4. Schedule D - Privacy Notice: Detailed GDPR-compliant privacy notice explaining how personal data will be processed
5. Appendix 1 - Client Identification Documents: Copies of required identification documents for anti-money laundering compliance
6. Appendix 2 - Service Level Agreement: Detailed breakdown of response times and service standards
7. Appendix 3 - Withdrawal Form: Standard form for contract withdrawal as required by consumer protection laws
Authors
Real Estate
Property Development
Construction
Legal Services
Financial Services
Property Investment
Property Management
Professional Services
Consulting
Legal
Real Estate
Sales
Compliance
Operations
Client Services
Business Development
Risk Management
Contract Administration
Property Services
Real Estate Agent
Property Consultant
Real Estate Broker
Legal Counsel
Compliance Officer
Property Manager
Sales Director
Business Development Manager
Contract Manager
Real Estate Investment Advisor
Client Relations Manager
Operations Manager
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