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Buyer Tenant Representation Agreement Generator for England and Wales

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Key Requirements PROMPT example:

Buyer Tenant Representation Agreement

"I need a Buyer Tenant Representation Agreement for a tech company seeking office space in Central London, with an exclusive 6-month search period starting from January 2025, and specific provisions for flexible workspace options and expansion rights."

Document background
The Buyer Tenant Representation Agreement is utilized when a prospective tenant seeks professional assistance in finding and securing suitable property for lease. This contract type is essential in the English and Welsh property market as it formally establishes the agent's authority to act on behalf of the client, defines the scope of representation, and outlines fee structures. The agreement typically includes specific property requirements, geographical areas of search, and the duration of representation, while ensuring compliance with UK property laws and professional standards.
Suggested Sections

1. Parties: Identifies the agent and the client with full legal names and addresses

2. Background: Explains the context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the specific services to be provided by the agent

5. Term and Termination: Specifies duration and termination provisions

6. Fees and Payment Terms: Outlines fee structure, payment schedule, and conditions

7. Agent's Obligations: Lists specific duties and responsibilities of the agent

8. Client's Obligations: Details client responsibilities and commitments

9. Confidentiality: Provisions regarding confidential information and its handling

10. Liability and Indemnification: Outlines liability limitations and indemnification obligations

Optional Sections

1. Exclusivity Provisions: Used when the agent is granted exclusive rights to represent the client in property searches

2. International Services: Additional provisions for cross-border property searches and international requirements

3. Special Requirements: Specific client requirements or conditions that are unique to their situation

4. Data Protection: Specific provisions relating to GDPR and data protection requirements

Suggested Schedules

1. Schedule 1 - Services: Detailed breakdown of all services to be provided by the agent

2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees, charges, and commission structures

3. Schedule 3 - Property Requirements: Detailed specification of client's property requirements and search criteria

4. Schedule 4 - Standard Terms and Conditions: Standard terms and conditions of service

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
































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Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Property Act 1925: Fundamental legislation governing property law in England and Wales, establishing basic principles of property ownership and transactions

Estate Agents Act 1979: Regulates the conduct of estate agents and property professionals, including disclosure requirements and professional obligations

Consumer Rights Act 2015: Protects consumer rights and establishes clear rules for businesses, including transparency in services and fairness in contract terms

Consumer Contracts Regulations 2013: Governs contracts between traders and consumers, including cancellation rights and information requirements

Data Protection Act 2018: Implements GDPR requirements in UK law, governing how personal data must be handled and protected

RICS Professional Standards: Professional guidelines and standards set by the Royal Institution of Chartered Surveyors for property professionals

Property Ombudsman Code of Practice: Sets out the standards expected of property agents and provides consumer protection guidelines

Estate Agents Information Regulations 1991: Specifies what information estate agents must provide to clients and how it should be presented

Money Laundering Regulations 2017: Requirements for due diligence and preventing money laundering in property transactions

Proceeds of Crime Act 2002: Criminal law provisions related to handling proceeds of crime, including property transactions

Financial Services and Markets Act 2000: Regulates financial services and markets, relevant if financial advice is provided in property transactions

Landlord and Tenant Act 1954: Governs the relationship between landlords and tenants in commercial property leases

Housing Act 1988: Key legislation for residential tenancies, establishing different types of tenancy agreements

Equality Act 2010: Prohibits discrimination in property transactions and ensures equal treatment of all parties

Misrepresentation Act 1967: Deals with false or misleading statements made during contract negotiations

Unfair Contract Terms Act 1977: Restricts how businesses can avoid liability in standard contracts and what terms can be considered unfair

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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