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Real Estate Broker Contract Template for Austria

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Key Requirements PROMPT example:

Real Estate Broker Contract

"I need a Real Estate Broker Contract for my company's exclusive arrangement with a broker to find commercial retail spaces in Vienna, with the agreement starting January 2025 and including specific commission rates for successful lettings."

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Document background
The Real Estate Broker Contract is essential for formalizing the relationship between real estate professionals and their clients in Austria. This document is used when engaging a broker for property sale, purchase, or lease transactions, and must comply with the Austrian Broker Act (Maklergesetz), Trade Regulation Act (Gewerbeordnung), and Consumer Protection Act (Konsumentenschutzgesetz) where applicable. The contract includes crucial details about service scope, commission structures, professional obligations, and client responsibilities. It's particularly important as it provides legal protection for all parties and ensures transparency in the brokerage relationship, while meeting specific Austrian regulatory requirements for real estate transactions.
Suggested Sections

1. Parties: Identification of the broker and the client, including full legal names, addresses, and registration/license numbers for the broker

2. Background: Context of the agreement and confirmation of the broker's professional status and qualifications

3. Definitions: Key terms used throughout the agreement, including specific Austrian legal terminology

4. Scope of Services: Detailed description of the broker's services, including property search/sale parameters and specific activities to be undertaken

5. Broker's Obligations: Detailed listing of the broker's duties, including disclosure requirements, information obligations, and professional standards

6. Client's Obligations: Client's responsibilities, including provision of necessary information and cooperation requirements

7. Commission Structure: Details of the broker's commission, including calculation method, payment triggers, and payment terms in accordance with Austrian law

8. Duration and Termination: Term of the agreement and conditions for termination by either party

9. Data Protection: GDPR compliance provisions and handling of personal data

10. Governing Law: Confirmation of Austrian law as governing law and jurisdiction provisions

Optional Sections

1. Sole Agency Provisions: Used when the agreement is exclusive, defining the terms of exclusivity and any associated special conditions

2. Consumer Protection Clauses: Required when the client is a consumer (B2C), including withdrawal rights and specific protections under KSchG

3. International Property Services: Include when the broker may search for or market properties outside Austria

4. Marketing Authorization: Specific provisions regarding property marketing, including authorization for photographs and advertising

5. Dual Agency Disclosure: Required when the broker may act for both parties in a transaction

6. Special Commission Arrangements: Used when commission structure deviates from standard terms or includes success fees

Suggested Schedules

1. Schedule 1 - Service Description: Detailed breakdown of specific services to be provided by the broker

2. Schedule 2 - Commission Schedule: Detailed commission calculations and examples

3. Schedule 3 - Property Requirements: Specific details of the property being sought or sold

4. Appendix A - Broker's License: Copy of broker's professional license and qualifications

5. Appendix B - Consumer Information Sheet: Mandatory information sheet for consumer clients under Austrian law

6. Appendix C - Data Protection Notice: Detailed GDPR privacy notice and data processing information

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses




























Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Property Investment

Property Management

Professional Services

Financial Services

Relevant Teams

Legal

Compliance

Real Estate

Sales

Business Development

Operations

Contract Management

Property Management

Client Relations

Risk Management

Relevant Roles

Real Estate Broker

Property Agent

Real Estate Manager

Legal Counsel

Compliance Officer

Contract Manager

Property Manager

Business Development Manager

Sales Director

Client Relationship Manager

Real Estate Investment Manager

Operations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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