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The Agreement Between Broker And Buyer is essential for establishing clear professional relationships in German property and business transactions. This document is used when a buyer seeks professional assistance in identifying and acquiring properties or businesses, requiring formal documentation of the service arrangement. The agreement must comply with German legal requirements, including the Civil Code (BGB), Real Estate Brokerage Ordinance (MaBV), and relevant consumer protection laws. It typically includes detailed provisions about the broker's services, commission structures, obligations of both parties, and confidentiality requirements. The document is particularly important in the German market where broker relationships are heavily regulated and commission structures are subject to specific legal requirements.

1. Parties: Identification of the broker and the buyer, including full legal names, addresses, and registration details if applicable

2. Background: Context of the agreement and general purpose of the brokerage relationship

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Commission', 'Successful Transaction'

4. Scope of Services: Detailed description of the broker's services, including property search criteria and reporting obligations

5. Broker's Obligations: Specific duties of the broker, including information disclosure, due diligence, and confidentiality requirements

6. Buyer's Obligations: Buyer's responsibilities, including providing accurate requirements, cooperating with the broker, and maintaining confidentiality

7. Commission Structure: Details of the broker's commission, payment terms, and conditions for when commission becomes due

8. Term and Termination: Duration of the agreement and circumstances under which either party may terminate

9. Confidentiality: Obligations regarding confidential information and its protection

10. Data Protection: GDPR compliance provisions and data handling procedures

11. Liability and Insurance: Limitation of liability clauses and insurance requirements

12. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes

13. Notices: Process and requirements for formal communications between parties

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments