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Buyer Broker Exclusive Agreement
I need a Buyer Broker Exclusive Agreement under Danish law for searching commercial properties in Copenhagen, with a specified commission structure of 2% and term ending March 1, 2025, including provisions for cross-border property search in Germany.
1. Parties: Identification of the buyer and the broker, including full legal names, addresses, and registration numbers
2. Background: Context of the agreement, including the buyer's intention to purchase property and the broker's qualifications
3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Commission'
4. Appointment and Scope: Formal appointment of broker and detailed scope of services to be provided
5. Exclusivity: Terms of the exclusive relationship, preventing the buyer from engaging other brokers
6. Duration: Term of the agreement, including start date, end date, and any renewal provisions
7. Broker's Services: Detailed description of services the broker will provide, including property search, negotiations, and advisory services
8. Buyer's Obligations: Buyer's responsibilities, including providing accurate requirements and cooperating with the broker
9. Commission and Payments: Structure and timing of broker's compensation, including circumstances triggering payment
10. Confidentiality: Obligations regarding confidential information shared during the relationship
11. Termination: Circumstances and procedures for ending the agreement
12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes
13. Signatures: Execution blocks for all parties
1. Success Fee: Additional compensation structure based on achieving specific targets, used when parties agree to performance-based incentives
2. International Properties: Additional provisions for cross-border property searches, included when buyer is interested in properties outside Denmark
3. Multiple Buyers: Special provisions for multiple buyers acting together, used when there are joint buyers
4. Mortgage Assistance: Additional services related to mortgage procurement, included when broker offers financing assistance
5. Property Management: Post-purchase property management services, included when broker offers these additional services
6. Force Majeure: Provisions for unforeseen circumstances preventing performance, included in longer-term agreements
1. Schedule 1 - Property Requirements: Detailed specifications of the type of property the buyer is seeking, including location, size, price range, and essential features
2. Schedule 2 - Commission Structure: Detailed breakdown of commission calculations, including any sliding scales or special circumstances
3. Schedule 3 - Broker's Services: Comprehensive list of specific services included in the broker's scope of work
4. Schedule 4 - Excluded Properties: List of properties already known to the buyer or excluded from the agreement
5. Appendix A - Broker's Credentials: Copies of broker's licenses, certifications, and professional memberships
6. Appendix B - Power of Attorney: Optional power of attorney document for specific actions broker may take on buyer's behalf
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Real Estate Investment
Property Management
Legal Services
Professional Services
Legal
Real Estate
Compliance
Acquisitions
Property Management
Investment
Contract Administration
Transaction Management
Due Diligence
Real Estate Broker
Property Consultant
Real Estate Agent
Legal Counsel
Property Advisor
Investment Manager
Real Estate Manager
Acquisition Manager
Property Portfolio Manager
Real Estate Director
Compliance Officer
Contract Manager
Transaction Manager
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