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.
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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
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
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
Relevant legal definitions
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