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Property Finders Fee Agreement
"I need a Property Finder's Fee Agreement for my luxury villa development in Bali, Indonesia, with an exclusive arrangement and a 5% finder's fee structure for any successful sales completed before June 2025."
1. Parties: Identifies and provides full details of the property owner/seller and the finder, including registration numbers and addresses
2. Background: Sets out the context of the agreement, including the owner's desire to sell/lease the property and the finder's expertise in locating potential buyers/tenants
3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Successful Transaction', 'Finder's Fee', and 'Prospective Buyer'
4. Appointment and Scope: Details the appointment of the finder and the specific services to be provided
5. Finder's Obligations: Lists the specific duties and responsibilities of the finder, including marketing efforts and reporting requirements
6. Property Owner's Obligations: Outlines the property owner's responsibilities, including providing accurate information and access to the property
7. Fee Structure and Payment Terms: Details the finder's fee calculation method, payment timing, and any conditions precedent
8. Term and Termination: Specifies the duration of the agreement and circumstances under which it can be terminated
9. Confidentiality: Establishes obligations regarding confidential information and its protection
10. Representations and Warranties: Contains standard representations and warranties from both parties
11. Governing Law and Dispute Resolution: Specifies Indonesian law as governing law and sets out dispute resolution procedures
1. Exclusivity: Optional clause granting the finder exclusive rights to find buyers/tenants for the property
2. Protection Period: Defines a period after agreement termination during which the finder remains entitled to fees for introduced parties
3. Additional Services: Details any additional services the finder may provide beyond basic introduction services
4. International Transactions: Additional provisions for dealing with international buyers/tenants
5. Force Majeure: Provisions for handling unforeseen circumstances that prevent performance
6. Anti-Money Laundering: Additional compliance requirements for high-value transactions
7. Marketing Authorization: Specific permissions for marketing the property, including use of photographs and details
1. Property Details: Detailed description of the property, including address, title details, and specifications
2. Fee Schedule: Detailed breakdown of fees, including any sliding scales or special circumstances
3. Approved Marketing Materials: List of approved property descriptions, photographs, and marketing materials
4. Required Documentation: List of documents required from potential buyers/tenants
5. Service Level Agreement: Detailed performance metrics and service standards for the finder
6. Compliance Checklist: List of regulatory requirements and necessary compliance steps
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Property Management
Construction
Property Investment
Real Estate Brokerage
Hospitality
Legal
Real Estate
Property Management
Sales
Business Development
Compliance
Finance
Operations
Contract Administration
Investment
Real Estate Agent
Property Consultant
Business Development Manager
Property Manager
Real Estate Broker
Property Finder
Estate Agent
Real Estate Development Manager
Property Sales Director
Legal Counsel
Contract Manager
Real Estate Investment Manager
Property Portfolio Manager
Commercial Property Manager
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