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The Buyer's Representative Agreement is a crucial document used in Belgian real estate transactions when a buyer seeks professional representation in their property search and acquisition process. This agreement is particularly important in Belgium's complex real estate market, where professional representation must comply with strict regulatory requirements, including those set by the Professional Institute of Real Estate Agents (BIV/IPI). The document is used to formally establish the scope of the representative's authority, outline their responsibilities, and define the terms of compensation. It includes essential provisions required by Belgian law, such as consumer protection measures, GDPR compliance, and anti-money laundering obligations. The agreement is typically used at the beginning of the property search process and remains valid until either a successful purchase is completed or the agreement is terminated according to its terms.

1. Parties: Identification of the buyer client and the real estate representative/agency, including their full legal names, addresses, and registration details

2. Background: Context of the agreement, including the buyer's intention to purchase property and the representative's professional status

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

4. Appointment and Scope of Services: Detailed description of the representative's duties, responsibilities, and authorized activities on behalf of the buyer

5. Term of Agreement: Duration of the representation, including start date and end date or conditions for continuation

6. Representative's Obligations: Specific commitments of the representative, including duties of loyalty, confidentiality, and professional standards

7. Client's Obligations: Buyer's responsibilities, including providing accurate information and cooperating with the representative

8. Compensation Structure: Details of fees, commission rates, payment terms, and any additional charges

9. Confidentiality: Provisions regarding the handling of confidential information and compliance with GDPR requirements

10. Termination Rights: Conditions and procedures for ending the agreement by either party

11. Liability and Indemnification: Limitations of liability and indemnification obligations of both parties

12. Governing Law and Jurisdiction: Specification of Belgian law as governing law and competent courts

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