The Broker Agreement serves as the foundational document for establishing formal intermediary relationships in South Africa's regulated business environment. It is essential for companies seeking to appoint authorized representatives to act on their behalf in various commercial activities. The agreement must comply with the Financial Advisory and Intermediary Services Act (FAIS Act) and other relevant South African legislation, making it suitable for businesses requiring regulated intermediary services. The document typically includes detailed provisions on service scope, compensation, compliance requirements, and risk management, ensuring both parties understand their obligations and responsibilities. This type of agreement is particularly crucial in regulated industries where intermediaries play a significant role in business operations and customer relationships.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the principal and the broker, including registration numbers and addresses
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions and Interpretation: Key terms used in the agreement and rules for interpretation
4. Appointment and Scope: Terms of broker's appointment and detailed scope of authorized services
5. Regulatory Compliance: Obligations regarding FAIS Act compliance and other applicable regulations
6. Broker's Obligations: Detailed responsibilities including reporting, record-keeping, and service standards
7. Principal's Obligations: Support, information, and resources to be provided by the principal
8. Commission and Payment Terms: Compensation structure, payment calculations, and payment terms
9. Representations and Warranties: Statements of fact and assurances from both parties
10. Confidentiality: Protection of confidential information and trade secrets
11. Duration and Termination: Contract term, renewal provisions, and termination circumstances
12. General Provisions: Standard clauses including notices, governing law, and dispute resolution
1. Non-Competition: Restrictions on broker's ability to compete, used when sharing sensitive market information
2. Intellectual Property: IP rights and usage terms, needed when branded materials or proprietary systems are involved
3. Professional Indemnity Insurance: Insurance requirements, particularly relevant for high-value transactions
4. Data Protection: POPIA compliance provisions, essential when handling personal information
5. Sub-Brokers: Terms for appointment and management of sub-brokers, if allowed
6. Marketing and Branding: Guidelines for using principal's brand, needed when broker represents principal publicly
7. Training Requirements: Specific training obligations, relevant for complex products or services
1. Commission Structure: Detailed breakdown of commission rates and calculation methods
2. Products and Services: List of approved products/services the broker is authorized to sell/promote
3. Territory: Geographic areas or market segments where broker is authorized to operate
4. Compliance Procedures: Detailed compliance protocols and reporting requirements
5. Service Level Agreement: Specific performance metrics and service standards
6. Required Documentation: Templates and forms for client onboarding and transactions
7. Professional Qualifications: Required certifications and qualifications for broker personnel
Find the exact document you need
Common Agreement
A standard contractual framework under South African law that establishes fundamental terms and conditions for business relationships.
Download
Bilateral Contract
A South African law-compliant bilateral contract establishing mutual obligations between two parties with enforceable terms and conditions.
Download
Basic Ordering Agreement
A South African law-governed framework agreement establishing terms and conditions for future orders between parties.
Download
Consignment Agreement Form
A South African legal document establishing terms for consignment sales arrangements, where goods ownership remains with the supplier until final sale.
Download
Contract Agreement Form
A versatile Contract Agreement Form template compliant with South African law, suitable for various commercial relationships and business arrangements.
Download
Written Agreement
A formal legal document governed by South African law that establishes contractual relationships between parties, defining their rights and obligations.
Download
Side Agreement
A South African law-governed supplementary agreement that modifies or adds to an existing main agreement while maintaining its core structure.
Download
Incorporation Agreement
A South African law-governed agreement establishing a new company's structure, governance, and shareholder relationships under the Companies Act 71 of 2008.
Download
Formal Agreement
A legally binding agreement governed by South African law that formalizes relationships between parties, ensuring compliance with local legislation and establishing clear terms and obligations.
Download
Casual Worker Contract
A South African-compliant casual worker employment contract establishing terms and conditions for temporary employment relationships.
Download
Business Transfer Agreement
A South African law-governed agreement for the transfer of a business as a going concern, including assets, employees, and liabilities.
Download
Boilerplate Agreement
A standard agreement template compliant with South African law, providing essential contractual framework for business relationships.
Download
Amended Contract
A South African law-governed document that formally modifies terms and conditions of an existing contract while maintaining its validity.
Download
Tooling Agreement
A South African law-governed agreement establishing terms for industrial tool design, manufacture, supply, and maintenance, compliant with local manufacturing and safety regulations.
Download
Service Agreement Terms And Conditions
South African service agreement terms and conditions document establishing the legal framework for service provision between providers and clients.
Download
Representation Agreement
A South African law-governed agreement establishing the terms and conditions under which a Representative may act on behalf of a Principal.
Download
Common Terms Agreement
A master agreement under South African law that establishes common terms across multiple facility agreements in syndicated lending arrangements.
Download
Buyer Agency Agreement
A South African legal agreement establishing an estate agent's authority to represent a buyer in property transactions, governed by local real estate laws.
Download
Labour Contract Copy
A South African employment agreement establishing terms and conditions of employment in compliance with local labor laws.
Download
Employee Agreement Form
A South African law-compliant employment agreement establishing terms and conditions between employer and employee.
Download
Statement Of Agreement
A formal document under South African law recording mutual understanding and agreed terms between parties, serving as a binding record of arrangements and commitments.
Download
Rent In Exchange For Services Agreement
A South African law-governed agreement establishing terms for accommodation provided in exchange for specified services.
Download
Contractual Agreement
A legally binding Contractual Agreement template compliant with South African law and commercial practices.
Download
Security Agreement Form
A South African law-governed agreement creating security interests over assets, detailing the security arrangements and enforcement rights between a security provider and secured party.
Download
Business Cooperation Agreement
A South African law-governed agreement establishing terms and conditions for business collaboration between multiple parties.
Download
Employee Training Reimbursement Agreement
A South African law-compliant agreement setting out terms for employer-funded training and employee reimbursement obligations.
Download
Terms Of Business Agreement
A South African law-governed agreement establishing core business terms and conditions between service providers and clients.
Download
Contract Of Indemnity And Guarantee
A South African law-governed agreement establishing guarantee and indemnity obligations, defining terms for financial security and risk mitigation between parties.
Download
Intent To Purchase Agreement
A South African legal document expressing formal intention to purchase property or assets, outlining preliminary terms and conditions for the proposed transaction.
Download
Professional Services Retainer Agreement
A South African law-governed agreement establishing terms for ongoing professional services delivery under a retainer arrangement.
Download
Supply Contract Form
A South African law-governed agreement establishing terms and conditions for the regular supply of goods or services between supplier and purchaser.
Download
Business Contract
South African business contract template incorporating key legislative requirements and commercial terms for business-to-business relationships.
Download
Umbrella Agreement
A South African law-governed master agreement establishing framework terms for future specific agreements between parties.
Download
Share Purchase Agreement
A South African law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company.
Download
Professional Services Contract
A South African law-governed agreement establishing terms and conditions for professional services delivery between a service provider and client.
Download
Consulting Services Agreement
South African law-governed agreement establishing terms and conditions for consulting services provision, including scope, payments, and compliance requirements.
Download
Buyer Representation Agreement
A South African law-compliant agreement establishing professional representation between a property buyer and real estate agent, outlining services, duties, and compensation terms.
Download
Master Service Agreement
A South African law-governed framework agreement establishing core terms for ongoing service delivery relationships between service providers and clients.
Download
Yearly Contract Agreement
A one-year contractual agreement compliant with South African law, establishing terms, conditions, and obligations between parties.
Download
White Label Agreement
A South African law-governed agreement enabling one party to rebrand and market another party's products/services under their own brand, with defined terms for licensing, operations, and compliance.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)