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Referral Agreement (Real Estate)
"I need a Real Estate Referral Agreement for my Hong Kong agency to receive luxury property referrals from overseas partners in Singapore and Japan, with a 30% commission structure and specific compliance requirements for cross-border transactions."
1. Parties: Identification of the referring party and the receiving party, including license numbers and contact details
2. Background: Context of the agreement and brief description of the parties' business activities
3. Definitions: Key terms used in the agreement, including 'Referral', 'Referral Fee', 'Qualified Lead', 'Territory', and 'Services'
4. Appointment and Scope: Terms of the referral relationship and scope of services covered
5. Referral Process: Detailed procedures for making and accepting referrals, including communication protocols
6. Compensation: Structure and terms of referral fees, payment procedures, and conditions for fee eligibility
7. Obligations of the Parties: Specific duties and responsibilities of both parties, including compliance with real estate regulations
8. Representations and Warranties: Statements confirming parties' qualifications, licenses, and authority to enter into the agreement
9. Confidentiality: Protection of confidential information and client data
10. Term and Termination: Duration of the agreement and circumstances for termination
11. General Provisions: Standard clauses including governing law, notices, and entire agreement
1. Non-Compete: Restrictions on competitive activities, included when parties want to prevent direct competition
2. Marketing and Branding: Guidelines for use of parties' brands and marketing materials, included when joint marketing is contemplated
3. Training and Support: Details of any training or support provided, included for more comprehensive referral relationships
4. Dispute Resolution: Specific procedures for resolving disputes, included when parties want alternatives to litigation
5. Insurance: Insurance requirements and coverage details, included when specific insurance coverage is required
6. Data Protection Compliance: Detailed data protection procedures, included when extensive personal data processing is involved
1. Schedule 1 - Referral Fee Structure: Detailed breakdown of referral fees, commission rates, and calculation methods
2. Schedule 2 - Referral Territory: Geographic areas or market segments covered by the referral arrangement
3. Schedule 3 - Referral Procedures: Step-by-step procedures for making and processing referrals
4. Schedule 4 - Required Documentation: List of documents required for valid referrals and commission claims
5. Appendix A - Contact Details: Key contact persons and communication protocols for both parties
6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and compliance procedures
Authors
Real Estate
Property Development
Property Management
Real Estate Investment
Commercial Property
Residential Property
Industrial Property
Retail Property
Luxury Property
Property Technology
Legal
Compliance
Business Development
Sales
Operations
Real Estate
Property Management
Partnerships
Executive Leadership
Risk Management
Finance
Customer Relations
Real Estate Agent
Property Manager
Business Development Manager
Real Estate Broker
Sales Director
Compliance Officer
Legal Counsel
Property Consultant
Estate Agency Manager
Managing Director
Operations Manager
Partnership Manager
Chief Executive Officer
Real Estate Investment Manager
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