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Exclusive Tenant Brokerage Agreement
"I need an Exclusive Tenant Brokerage Agreement for our tech company's expansion into Munich, targeting Class A office space between 2,000-3,000 square meters, with the agreement to run from January 2025 for six months and including specific provisions for IT infrastructure requirements and environmental certifications."
1. Parties: Identification of the broker and the client (prospective tenant), including full legal names, addresses, and registration details for the broker
2. Background: Context of the agreement, including the client's intention to find suitable rental property and the broker's professional status
3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Success Fee'
4. Scope of Services: Detailed description of the broker's services, including property search, viewings, and negotiation support
5. Exclusivity: Terms establishing the exclusive nature of the relationship and restrictions on engaging other brokers
6. Broker's Obligations: Specific duties of the broker, including regular reporting, property viewings, and maintenance of necessary licenses
7. Client's Obligations: Client's duties, including providing accurate requirements, responding to proposals, and maintaining communication
8. Fees and Payment Terms: Structure and timing of broker's fees, including success fee calculation and payment conditions
9. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination
10. Data Protection: GDPR compliance provisions and data handling procedures
11. Governing Law: Specification of German law as governing law and jurisdiction clause
1. Property Requirements: Detailed section specifying exact property requirements - used when client has very specific needs that need to be documented
2. Territory Restrictions: Specific geographical limitations of the search - used when search is limited to particular areas
3. Additional Services: Description of extra services beyond standard brokerage - used when broker offers supplementary services like renovation advice or relocation support
4. Performance Metrics: Specific performance criteria for the broker - used in high-value agreements or with institutional clients
5. Conflict Resolution: Detailed dispute resolution procedures - used for high-value agreements or when specifically requested
6. Insurance and Liability: Extended provisions on broker's insurance and liability limitations - used for high-value properties or complex requirements
7. Marketing Authorization: Specific permissions for marketing activities - used when broker needs to advertise the search
1. Schedule 1 - Property Requirements: Detailed specification of client's property requirements including location, size, amenities, and budget
2. Schedule 2 - Fee Structure: Detailed breakdown of all applicable fees and payment conditions
3. Schedule 3 - Broker's Credentials: Copies of broker's licenses, registrations, and professional certifications
4. Schedule 4 - Service Level Agreement: Detailed description of service standards and response times
5. Appendix A - Privacy Notice: Detailed GDPR-compliant privacy notice
6. Appendix B - Communication Protocol: Agreed procedures for regular updates and communication between parties
Authors
Real Estate
Property Management
Professional Services
Retail
Hospitality
Manufacturing
Technology
Financial Services
Healthcare
Education
Logistics
Corporate Services
Legal
Real Estate
Facilities Management
Procurement
Operations
Finance
Compliance
Risk Management
Corporate Services
Administration
Real Estate Broker
Property Consultant
Tenant Representative
Relocation Manager
Facility Manager
Legal Counsel
Compliance Officer
Real Estate Manager
Corporate Real Estate Director
Chief Financial Officer
Operations Manager
Risk Manager
Procurement Manager
Office Manager
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