Broker Service Agreement

Broker Service Agreement Template for Netherlands

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Key Requirements PROMPT example:

"I need a Broker Service Agreement for my real estate brokerage firm based in Amsterdam, which will be effective from March 1, 2025, including specific provisions for luxury property transactions and international clients, with commission structures for both sales and rentals."

Document background

The Broker Service Agreement is essential for establishing a clear legal framework between brokers and their clients under Dutch law. This document is typically used when a professional broker or brokerage firm agrees to act as an intermediary for a client, whether in real estate, financial services, insurance, or other sectors requiring specialized intermediary services. The agreement comprehensively covers service scope, fees, obligations, compliance requirements, and risk allocation. It incorporates relevant provisions from the Dutch Civil Code and sector-specific regulations, making it suitable for both regulated and non-regulated brokerage activities. The document is designed to protect both parties' interests while ensuring compliance with Dutch and EU legal requirements.

Suggested Sections

1. Parties: Identification of the broker and the client, including full legal names, registration details, and addresses

2. Background: Context of the agreement, brief description of the broker's business and client's requirements

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of brokerage services to be provided

5. Broker's Obligations: Key responsibilities and duties of the broker, including professional standards and compliance requirements

6. Client's Obligations: Client's responsibilities, including providing information and cooperation

7. Fees and Payment: Fee structure, payment terms, expenses, and invoicing arrangements

8. Term and Termination: Duration of the agreement and circumstances for termination

9. Confidentiality: Obligations regarding confidential information protection

10. Data Protection: GDPR compliance and data handling procedures

11. Liability and Indemnification: Limitations of liability, indemnification provisions, and professional insurance requirements

12. Force Majeure: Provisions for unforeseen circumstances affecting performance

13. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction for disputes

14. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Regulatory Compliance: Required when broker operates in regulated sectors like financial services or real estate

2. Anti-Money Laundering: Required when broker handles financial transactions or real estate deals

3. Intellectual Property: Required when broker creates or uses proprietary materials or software

4. Non-Competition: Optional clause restricting broker from working with competing clients

5. Service Levels: Required when specific performance metrics or response times are agreed

6. Insurance: Detailed insurance requirements beyond standard professional indemnity

7. Subcontracting: Required when broker may need to engage third-party service providers

8. Marketing and Referrals: Optional provisions regarding promotion and client referrals

Suggested Schedules

1. Schedule 1 - Service Description: Detailed breakdown of specific services and deliverables

2. Schedule 2 - Fee Schedule: Detailed fee structure, commission rates, and payment terms

3. Schedule 3 - Service Levels: Specific performance metrics and response times if applicable

4. Schedule 4 - Data Processing Agreement: Detailed GDPR-compliant data processing terms

5. Schedule 5 - Contact Details: Key contact persons and communication protocols

6. Appendix A - Required Documentation: List of documents required from client for service provision

7. Appendix B - Compliance Procedures: Regulatory compliance procedures and requirements

8. Appendix C - Standard Terms: Standard terms and conditions referenced in the main agreement

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Financial Services

Insurance

Commodities Trading

Business Services

Maritime & Shipping

Art & Collectibles

Investment Services

Commercial Property

International Trade

Mergers & Acquisitions

Securities Trading

Relevant Teams

Legal

Compliance

Commercial

Operations

Business Development

Risk Management

Procurement

Contract Management

Client Services

Executive Leadership

Relevant Roles

Broker

Legal Counsel

Compliance Officer

Contract Manager

Business Development Manager

Risk Manager

Commercial Director

Operations Manager

Account Manager

Chief Legal Officer

Procurement Manager

Business Owner

Managing Director

Chief Executive Officer

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Let's create your Broker Service Agreement

Authors

Alex Denne

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