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The Real Estate Agent Referral Agreement is essential for real estate professionals operating in Canada who wish to establish formal referral networks. This document is commonly used when one real estate agent or brokerage wants to refer clients to another agent or brokerage, typically in different geographic areas or specializations, while ensuring fair compensation for the referral. The agreement must comply with provincial real estate regulations, including specific requirements from provincial real estate councils and privacy laws. It outlines critical aspects such as referral fee structures, payment terms, confidentiality obligations, and professional responsibilities of both parties. This document is particularly important in Canada's diverse real estate market, where inter-provincial referrals are common and regulatory compliance is strictly enforced.

1. Parties: Identification of the referring agent/brokerage and the receiving agent/brokerage, including license numbers and contact information

2. Background: Context of the agreement, establishing the purpose of the referral arrangement

3. Definitions: Key terms used throughout the agreement, including 'Referral', 'Referral Fee', 'Referred Client', and 'Successful Transaction'

4. Referral Terms: Details of how referrals will be made, including the process and any territorial or service type restrictions

5. Compensation Structure: Specification of referral fees, calculation method, and payment terms

6. Obligations of Referring Agent: Responsibilities including client introduction, information sharing, and compliance with regulations

7. Obligations of Receiving Agent: Responsibilities including client service standards, communication requirements, and professional conduct

8. Confidentiality: Protection of confidential information and client data

9. Term and Termination: Duration of the agreement and conditions for termination

10. Representations and Warranties: Statements regarding licensing, authority, and compliance with laws

11. General Provisions: Standard clauses including governing law, notices, and amendments