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Buyer Agency Agreement Template for Qatar

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Key Requirements PROMPT example:

Buyer Agency Agreement

"I need a Buyer Agency Agreement for our international corporate client seeking to acquire commercial properties in Qatar, with specific provisions for multiple property acquisitions and cross-border payment arrangements, to be effective from March 2025."

Document background
The Buyer Agency Agreement is a crucial document in Qatar's real estate sector, used when a property buyer wishes to formally engage a real estate agent or agency to act on their behalf in property transactions. This agreement, governed by Qatar law, particularly Law No. 13 of 2006 and related regulations, establishes the framework for the professional relationship between the parties. It details the agent's authority to search for properties, negotiate terms, and assist in transaction processes, while protecting both parties' interests through clear definition of services, compensation structures, and obligations. The document is essential for ensuring transparency and legal compliance in Qatar's property market, whether for residential, commercial, or investment purposes.
Suggested Sections

1. Parties: Identification and details of the buyer and the real estate agent/agency, including license numbers and contact information

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used throughout the agreement, including technical and legal terminology

4. Appointment and Scope of Services: Formal appointment of the agent and detailed description of services to be provided

5. Term of Agreement: Duration of the agency relationship, including start date and initial term

6. Agent's Obligations: Detailed responsibilities of the agent, including property search, negotiations, and documentation

7. Client's Obligations: Responsibilities and commitments of the buyer, including information provision and cooperation

8. Fees and Payment Terms: Structure and timing of agent's compensation, including commission rates and payment conditions

9. Exclusivity: Terms regarding whether the relationship is exclusive or non-exclusive

10. Confidentiality: Obligations regarding confidential information handling and protection

11. Compliance with Laws: Commitment to comply with relevant Qatari laws and regulations

12. Termination: Conditions and procedures for ending the agreement

13. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes

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

Optional Sections

1. Property Requirements: Detailed specifications of the type of property being sought, used when the buyer has specific requirements

2. Success Fee: Additional performance-based compensation structure, included when parties agree to performance incentives

3. Multiple Properties: Special terms for searching multiple properties or handling multiple transactions, used for portfolio buyers

4. International Considerations: Special provisions for international buyers, including currency considerations and international transfers

5. Power of Attorney: Authorization for the agent to act on behalf of the buyer in specific circumstances, used when buyer requires agent to have signing authority

6. Force Majeure: Provisions for unforeseen circumstances affecting performance, particularly relevant in uncertain market conditions

7. Anti-Money Laundering: Additional compliance requirements for high-value transactions or international buyers

Suggested Schedules

1. Schedule 1 - Fee Structure: Detailed breakdown of all fees, commissions, and payment terms

2. Schedule 2 - Services Description: Comprehensive list of services to be provided by the agent

3. Schedule 3 - Property Requirements: Detailed specifications of the desired property including location, size, budget, and features

4. Schedule 4 - Required Documentation: List of documents required from both parties for property transactions

5. Schedule 5 - Authorized Representatives: Names and contact details of authorized representatives from both parties

6. Appendix A - Agent's Credentials: Copies of agent's licenses, certifications, and professional credentials

7. Appendix B - Power of Attorney Template: Standard form for power of attorney if required during the relationship

Authors

Alex Denne

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

Relevant legal definitions





























Clauses







































Relevant Industries

Real Estate

Residential Property

Commercial Property

Industrial Property

Retail Property

Hospitality

Mixed-Use Development

Property Investment

Property Development

Relevant Teams

Legal

Real Estate

Compliance

Property Acquisition

Business Development

Investment

Contract Administration

Risk Management

Property Management

Relevant Roles

Real Estate Agent

Property Buyer

Real Estate Broker

Legal Counsel

Compliance Officer

Real Estate Manager

Property Acquisition Manager

Investment Manager

Real Estate Director

Chief Real Estate Officer

Property Portfolio Manager

Contracts Manager

Business Development Manager

Real Estate Consultant

Industries







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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