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Exclusive Buyer Brokerage Agreement Template for Denmark

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Exclusive Buyer Brokerage Agreement

Document background
The Exclusive Buyer Brokerage Agreement is a critical document used in Danish real estate transactions when a buyer seeks dedicated professional representation in their property search and acquisition process. This agreement establishes an exclusive relationship between the buyer and the broker, protecting both parties' interests and clearly defining their respective rights and obligations. It is particularly important in the Danish market where real estate transactions are heavily regulated and professional representation must comply with specific legislative requirements. The document includes essential elements required by Danish law, including broker qualifications, scope of services, compensation structures, and consumer protection provisions. It's commonly used for both residential and commercial property acquisitions and must comply with the Danish Estate Agents Act, Contract Law, and relevant consumer protection legislation.
Suggested Sections

1. Parties: Identification of the buyer(s) and the brokerage firm, including full legal names, addresses, and registration numbers

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

3. Definitions: Key terms used throughout the agreement, including 'Exclusive Period', 'Property Criteria', 'Brokerage Services', etc.

4. Appointment and Scope: Formal appointment of broker and detailed scope of services to be provided

5. Exclusivity: Terms of exclusive representation and what this means for the buyer

6. Property Criteria: Detailed specifications of the type of property the buyer is seeking

7. Broker's Obligations: Comprehensive list of services and duties the broker will perform

8. Buyer's Obligations: Buyer's responsibilities, including cooperation and information provision

9. Compensation: Broker's fees, payment terms, and circumstances under which fees become payable

10. Term and Termination: Duration of the agreement and termination provisions

11. Confidentiality: Provisions regarding confidential information handling

12. Data Protection: GDPR compliance and personal data handling provisions

13. Liability and Indemnification: Scope of broker's liability and indemnification provisions

14. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes

15. Signatures: Execution blocks for all parties

Optional Sections

1. Dual Agency: Required if the brokerage firm may potentially represent both buyer and seller

2. International Purchases: Include when buyer is considering properties outside Denmark

3. Power of Attorney: Include when broker needs specific authority to act on buyer's behalf

4. Special Requirements: Include for unique property requirements or unusual search criteria

5. Language: Include when agreement is bilingual or translated, specifying prevailing version

6. Anti-Money Laundering: Enhanced provisions for high-value transactions or when required by risk assessment

Suggested Schedules

1. Schedule A - Property Criteria Detail: Detailed specifications of desired property, including location, size, price range, and special requirements

2. Schedule B - Fee Structure: Detailed breakdown of all possible fees and payment scenarios

3. Schedule C - Broker's Services: Comprehensive list of all services included in the agreement

4. Schedule D - Required Documents: List of documents buyer must provide for due diligence and AML compliance

5. Appendix 1 - Power of Attorney Form: Standard power of attorney form if needed

6. Appendix 2 - Privacy Notice: Detailed GDPR-compliant privacy notice

Authors

Relevant legal definitions






























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Relevant Industries
Relevant Teams
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Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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