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1. Parties: Identifies the participating brokers/agencies, including their license numbers and registered addresses
2. Background: Explains the context and purpose of the co-broking arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Cooperation: Outlines the nature and extent of the co-broking relationship
5. Commission Structure: Details the commission split arrangements and payment terms
6. Duties and Responsibilities: Specifies the obligations of each party in co-broking arrangements
7. Confidentiality: Addresses the handling of confidential information and client data
8. Term and Termination: Specifies the duration of the agreement and termination conditions
9. Compliance: Addresses compliance with relevant laws and regulations
10. Dispute Resolution: Outlines the process for resolving disputes between parties
11. Governing Law: Specifies Hong Kong law as governing law and jurisdiction
12. General Provisions: Includes standard boilerplate clauses
1. Exclusive Arrangements: Used when the co-broking relationship is exclusive for certain properties or clients
2. International Transactions: Include when dealing with cross-border property transactions
3. Marketing Arrangements: Details shared marketing responsibilities and cost allocation
4. Sub-Broker Provisions: Include when sub-brokers may be involved in the arrangement
5. Special Services: Used when additional services beyond standard brokerage are offered
6. Insurance and Indemnity: Detailed provisions for professional indemnity and insurance requirements
1. Schedule 1 - Commission Split Matrix: Detailed breakdown of commission splits for different transaction types and values
2. Schedule 2 - Operating Procedures: Step-by-step procedures for co-broking operations
3. Schedule 3 - Territory Allocation: If applicable, definition of geographical areas or property types covered
4. Schedule 4 - Contact Details: Key contact persons and escalation matrix
5. Appendix A - Required Forms: Standard forms and templates to be used in co-broking arrangements
6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and internal compliance procedures
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