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Buyer Representation Form
"I need a Buyer Representation Form for a high-net-worth client looking to purchase multiple commercial properties in Central London, with an initial 12-month term starting January 2025 and including exclusive representation rights."
1. Parties: Details of the buyer and the agent
2. Background: Context of the representation agreement
3. Definitions: Key terms used in the agreement
4. Scope of Services: Detailed description of services to be provided by the agent
5. Agent's Obligations: Duties and responsibilities of the agent
6. Client's Obligations: Duties and responsibilities of the buyer
7. Fees and Payment Terms: Details of agent's compensation and payment schedule
8. Term and Termination: Duration of agreement and termination provisions
1. Exclusivity Provisions: Used when the agent has exclusive rights to represent the buyer
2. International Property Provisions: Additional terms for international property searches
3. Special Requirements: Specific property requirements or conditions
1. Schedule 1: Fee Schedule: Detailed breakdown of fees and commission structure
2. Schedule 2: Property Requirements: Detailed specification of property requirements
3. Appendix A: Privacy Notice: GDPR-compliant privacy notice
4. Appendix B: Identity Verification Requirements: List of required documents for AML compliance
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