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Real Estate Agent Buyer Agreement
I need a Real Estate Agent Buyer Agreement under Danish law for an international corporate client looking to acquire high-value commercial properties in Copenhagen, with specific provisions for multi-lingual documentation and cross-border payment structures.
1. Parties: Identification of the buyer and the real estate 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 qualifications
3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Services', 'Commission', etc.
4. Appointment and Scope: Formal appointment of the agent and detailed description of services to be provided
5. Agent's Obligations: Detailed listing of the agent's duties, including property search, negotiations, and advisory services
6. Buyer's Obligations: Buyer's responsibilities, including providing accurate requirements, timely responses, and necessary documentation
7. Exclusivity: Terms regarding whether the agreement is exclusive or non-exclusive
8. Duration and Termination: Agreement period, renewal terms, and conditions for termination
9. Fees and Commission: Detailed structure of agent's compensation, including commission rates and payment terms
10. Confidentiality: Obligations regarding confidential information shared during the engagement
11. Liability and Insurance: Scope of agent's liability and required professional insurance coverage
12. General Provisions: Standard clauses including notices, amendments, governing law, and dispute resolution
1. Specific Property Interest: Used when the buyer has already identified specific properties of interest
2. International Considerations: Include when the buyer is non-Danish or when international property transfers may be involved
3. Mortgage Assistance: Include if the agent will assist with mortgage broker coordination and financing arrangements
4. Property Management: Used when the agent will provide additional property management services post-purchase
5. Translation Services: Include when documents need to be translated for non-Danish speaking clients
6. Power of Attorney: Include when the buyer grants specific powers to the agent to act on their behalf
1. Schedule A - Property Requirements: Detailed specifications of the type of property sought, including location, size, price range, and essential features
2. Schedule B - Fee Structure: Detailed breakdown of all fees, commission structures, and payment terms
3. Schedule C - Service Level Agreement: Specific details about response times, reporting frequency, and service standards
4. Schedule D - Required Documentation: List of documents required from the buyer for proper representation
5. Appendix 1 - Agent Credentials: Copies of agent's licenses, certifications, and professional memberships
6. Appendix 2 - Compliance Checklist: Checklist of regulatory requirements and necessary steps in the property purchase process
Authors
Real Estate
Property Development
Residential Property
Commercial Property
Property Investment
Banking and Finance
Legal Services
Construction
Hospitality
Retail
Legal
Real Estate
Compliance
Finance
Risk Management
Property Acquisition
Contract Administration
Investment
Operations
Real Estate Agent
Property Buyer
Legal Counsel
Compliance Officer
Real Estate Manager
Property Acquisition Manager
Real Estate Director
Contract Administrator
Property Investment Manager
Real Estate Transaction Manager
Chief Financial Officer
Risk Manager
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