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Exclusive Buyer Brokerage Agreement
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
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
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
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