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Buyer Agency Agreement Template for Belgium

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Key Requirements PROMPT example:

Buyer Agency Agreement

"I need a Buyer Agency Agreement for a Belgian tech company seeking to acquire commercial properties in Brussels, with exclusive representation for 6 months starting March 2025, including specific provisions for multi-language documentation and cross-border transactions."

Document background
The Buyer Agency Agreement is essential in Belgian real estate transactions where a buyer seeks professional representation in property acquisition. This document formalizes the relationship between the buyer and their chosen real estate agent, defining the scope of services, compensation structure, and mutual obligations. It's particularly important in Belgium's complex property market, where regional variations in property law and strict professional regulations must be observed. The agreement typically includes provisions for property search criteria, negotiation authority, due diligence requirements, and compliance with Belgian anti-money laundering regulations. The Buyer Agency Agreement also addresses specific Belgian legal requirements regarding agent qualifications, mandatory disclosures, and consumer protection measures, while incorporating necessary data protection provisions under Belgian privacy laws.
Suggested Sections

1. Parties: Identification of the buyer (principal) and the real estate agent (agent), including full legal names, addresses, and registration numbers

2. Background: Context of the agreement, including the buyer's intention to purchase property and the agent's professional status

3. Definitions: Key terms used throughout the agreement, including specific Belgian real estate terminology

4. Appointment and Scope: Formal appointment of the agent and detailed description of services to be provided

5. Duration and Termination: Term of the agreement, renewal conditions, and termination rights as per Belgian law

6. Agent's Obligations: Detailed responsibilities including property search, negotiations, due diligence, and compliance with Belgian real estate regulations

7. Client's Obligations: Buyer's responsibilities, including providing accurate information and cooperation

8. Compensation: Fee structure, payment terms, and conditions for commission earning

9. Exclusivity: Terms regarding exclusive or non-exclusive nature of the agency relationship

10. Confidentiality: Obligations regarding confidential information and compliance with Belgian privacy laws

11. Data Protection: GDPR compliance and data processing terms

12. Liability and Insurance: Limitation of liability clauses and professional insurance requirements

13. Governing Law and Jurisdiction: Confirmation of Belgian law application and jurisdiction

14. Signatures: Execution block with date and signatures

Optional Sections

1. Special Property Requirements: Used when the buyer has specific property requirements or preferences that need detailed documentation

2. International Considerations: Include when the buyer is non-Belgian or when cross-border elements are involved

3. Additional Services: Used when the agent provides services beyond standard property search and acquisition

4. Property Management: Include when post-acquisition property management services are part of the agreement

5. Language Provisions: Required when the agreement is executed in multiple languages

6. Anti-Money Laundering Compliance: Detailed AML procedures when dealing with high-value transactions or specific risk factors

7. Force Majeure: Include specific force majeure provisions for market disruptions or exceptional circumstances

Suggested Schedules

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, commissions, and payment terms

2. Schedule 2 - Service Level Agreement: Specific performance metrics and service standards

3. Schedule 3 - Property Requirements: Detailed list of buyer's property requirements and preferences

4. Schedule 4 - Authorized Representatives: List of persons authorized to act on behalf of the buyer

5. Schedule 5 - Required Documentation: Checklist of documents required for property transactions

6. Appendix A - Agent's Professional Credentials: Copies of agent's licenses and professional registrations

7. Appendix B - Privacy Policy: Detailed data protection and privacy policies

8. Appendix C - Complaints Procedure: Format and process for handling disputes or complaints

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

Relevant legal definitions

































Clauses






























Relevant Industries

Real Estate

Property Development

Property Investment

Professional Services

Legal Services

Financial Services

Construction

Commercial Property

Residential Property

Relevant Teams

Legal

Real Estate

Compliance

Risk Management

Client Relations

Property Acquisitions

Contract Management

Business Development

Operations

Relevant Roles

Real Estate Agent

Property Buyer's Agent

Real Estate Broker

Legal Counsel

Compliance Officer

Property Consultant

Real Estate Manager

Contract Manager

Real Estate Director

Property Acquisition Manager

Client Relations Manager

Risk 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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