Broker To Broker Referral Form Template for Singapore

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Key Requirements PROMPT example:

Broker To Broker Referral Form

"Need a Broker To Broker Referral Form for a high-value commercial property referral arrangement in Singapore, with an exclusive arrangement clause and a 60/40 commission split, to be effective from March 2025."

What is a Broker To Broker Referral Form?

The Broker To Broker Referral Form is a essential document in Singapore's real estate industry, designed to facilitate professional collaboration while maintaining compliance with local regulations. It's used when one broker wishes to refer a client to another broker, typically due to specialization, geographical location, or specific expertise requirements. The document ensures clear documentation of commission sharing arrangements, defines responsibilities, and maintains compliance with the Estate Agents Act and CEA guidelines. It includes crucial elements such as broker identification, client information, fee structures, and data protection protocols.

What sections should be included in a Broker To Broker Referral Form?

1. Referring and Receiving Broker Details: Complete contact information and license numbers of both parties

2. Client Information: Details of the referred client, including contact information and service requirements

3. Referral Fee Structure: Clear outline of the agreed commission split or referral fee arrangement

4. Term and Duration: Period for which the referral agreement remains valid

5. Confidentiality Obligations: Requirements for handling client information and maintaining confidentiality

What sections are optional to include in a Broker To Broker Referral Form?

1. Exclusivity Clause: Optional clause specifying whether the referral arrangement is exclusive between the parties. Used for high-value or specialized referral arrangements

2. Performance Standards: Optional section detailing specific service levels or standards to be maintained. Used for complex transactions or when dealing with premium clients

3. Dispute Resolution: Optional procedures for resolving disagreements. Used for high-value referral arrangements or cross-border transactions

What schedules should be included in a Broker To Broker Referral Form?

1. Commission Schedule: Detailed breakdown of commission calculations and payment terms

2. Service Level Agreement: Detailed description of service standards and expectations

3. Data Protection Protocol: Specific procedures for handling personal data in compliance with PDPA

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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

Relevant Teams

Real Estate Sales
Legal
Compliance
Business Development
Finance

Relevant Roles

Real Estate Agent
Property Broker
Estate Agency Director
Compliance Officer
Business Development Manager

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What is a Broker To Broker Referral Form?

What sections should be included in a Broker To Broker Referral Form?

What sections are optional to include in a Broker To Broker Referral Form?

What schedules should be included in a Broker To Broker Referral Form?

Authors

Alex Denne

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