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Exclusive Brokerage Contract

Exclusive Brokerage Contract Template for Pakistan

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Exclusive Brokerage Contract

"I need an Exclusive Brokerage Contract under Pakistani law for a luxury residential development in Islamabad, with specific provisions for international marketing and a 12-month exclusivity period starting March 2025, including digital marketing rights and sub-agent provisions."

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Document background
The Exclusive Brokerage Contract is essential for professional real estate transactions in Pakistan where property owners wish to establish a dedicated relationship with a single broker or agency. This document is particularly relevant in high-value property transactions or when comprehensive marketing services are required. The contract, governed by Pakistani law, provides protection for both the broker's investment in marketing efforts and the owner's interests in property disposition. It typically includes detailed provisions for commission structures, marketing obligations, property pricing strategies, and exclusive rights periods. The agreement should be drafted in compliance with the Contract Act 1872 and relevant provincial real estate regulations, while considering local market practices and requirements. An Exclusive Brokerage Contract is particularly important in Pakistan's major urban centers where professional real estate services are increasingly sophisticated and competitive.
Suggested Sections

1. Parties: Identification of the property owner/seller and the broker, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the property and the parties' intention to enter into an exclusive brokerage arrangement

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Exclusive Period', 'Commission', 'Qualified Buyer', etc.

4. Appointment and Scope: Explicit statement of broker's appointment as exclusive agent and detailed scope of services

5. Exclusivity Terms: Details of the exclusive nature of the appointment, restrictions on owner's direct sales, and dealing with other brokers

6. Duration: Term of the agreement, including start date, end date, and any automatic renewal provisions

7. Broker's Obligations: Detailed list of broker's duties, responsibilities, and service commitments

8. Owner's Obligations: Owner's commitments, including providing necessary information and cooperation

9. Commission Structure: Detailed breakdown of commission rates, payment terms, and triggering events

10. Protection Period: Post-termination period during which broker remains entitled to commission for specific prospects

11. Termination: Grounds for termination, notice requirements, and consequences of termination

12. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and choice of jurisdiction for disputes

13. General Provisions: Standard clauses including notices, amendments, assignment, and severability

Optional Sections

1. Marketing Plan: Detailed marketing strategy and commitments - include when specific marketing approaches are agreed upon

2. Sub-Agents: Terms for appointment and management of sub-agents - include when sub-agents are permitted

3. International Marketing: Specific provisions for international marketing efforts - include for high-value properties targeting international buyers

4. Digital Marketing Rights: Specific rights and restrictions regarding digital marketing - include when detailed online marketing is planned

5. Competing Properties: Provisions regarding broker's handling of competing properties - include when exclusivity extends to area/property type

6. Property Management: Additional services related to property management - include when broker will provide property management services

7. Confidentiality: Detailed confidentiality obligations - include for high-profile properties or sensitive transactions

Suggested Schedules

1. Property Details: Detailed description of the property, including legal title information and any encumbrances

2. Commission Schedule: Detailed breakdown of commission structures for different transaction types or value ranges

3. Marketing Plan: Detailed marketing strategy, timeline, and budget when applicable

4. Broker's Licenses: Copies of relevant broker licenses and certifications

5. Approved Marketing Materials: Templates or examples of approved marketing materials and property descriptions

6. Service Level Agreement: Detailed performance metrics and service standards

7. Authorized Personnel: List of authorized representatives from both parties who can act under the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses

































Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Industrial Property

Retail Property

Hospitality

Mixed-use Development

Agricultural Land

Investment Banking

Construction

Property Management

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Operations

Marketing

Property Management

Asset Management

Contract Administration

Risk Management

Investment

Relevant Roles

Real Estate Broker

Property Manager

Business Development Manager

Sales Director

Property Developer

Real Estate Agent

Legal Counsel

Compliance Officer

Contract Manager

Real Estate Portfolio Manager

Investment Manager

Asset Manager

Real Estate Operations Manager

Marketing Director

Transaction Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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