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Buyer Tenant Representation Agreement for the United Kingdom

Buyer Tenant Representation Agreement Template for England and Wales

A Buyer Tenant Representation Agreement is a legally binding contract under English and Welsh law that establishes a professional relationship between a tenant representative and a client seeking to lease property. The agreement outlines the scope of services, responsibilities, compensation structure, and terms of engagement. It provides protection for both parties and ensures clarity in the property search and negotiation process, while complying with relevant UK property and agency laws.

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What is a Buyer Tenant Representation Agreement?

The Buyer Tenant Representation Agreement is utilized when a prospective tenant seeks professional assistance in finding and securing suitable property for lease. This contract type is essential in the English and Welsh property market as it formally establishes the agent's authority to act on behalf of the client, defines the scope of representation, and outlines fee structures. The agreement typically includes specific property requirements, geographical areas of search, and the duration of representation, while ensuring compliance with UK property laws and professional standards.

What sections should be included in a Buyer Tenant Representation Agreement?

1. Parties: Identifies the agent and the client with full legal names and addresses

2. Background: Explains the context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the specific services to be provided by the agent

5. Term and Termination: Specifies duration and termination provisions

6. Fees and Payment Terms: Outlines fee structure, payment schedule, and conditions

7. Agent's Obligations: Lists specific duties and responsibilities of the agent

8. Client's Obligations: Details client responsibilities and commitments

9. Confidentiality: Provisions regarding confidential information and its handling

10. Liability and Indemnification: Outlines liability limitations and indemnification obligations

What sections are optional to include in a Buyer Tenant Representation Agreement?

1. Exclusivity Provisions: Used when the agent is granted exclusive rights to represent the client in property searches

2. International Services: Additional provisions for cross-border property searches and international requirements

3. Special Requirements: Specific client requirements or conditions that are unique to their situation

4. Data Protection: Specific provisions relating to GDPR and data protection requirements

What schedules should be included in a Buyer Tenant Representation Agreement?

1. Schedule 1 - Services: Detailed breakdown of all services to be provided by the agent

2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

3. Schedule 3 - Property Requirements: Detailed specification of client's property requirements and search criteria

4. Schedule 4 - Standard Terms and Conditions: Standard terms and conditions of service

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

Jurisdiction

England and Wales

Document Type

Broker Agreement

Cost

Free to use

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