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Buyer Agent Exclusive Agreement
"I need a Buyer Agent Exclusive Agreement under Qatar law for a corporate client seeking to purchase commercial property in Doha, with the agreement to commence on March 1, 2025, including specific provisions for multiple property viewings and detailed reporting requirements."
1. Parties: Identifies the buyer (client) and the real estate agent/brokerage firm, including their full legal names, addresses, and relevant license numbers
2. Background: Sets out the context of the agreement, including the agent's qualifications and the buyer's intention to engage the agent exclusively
3. Definitions: Defines key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Commission'
4. Appointment and Scope: Establishes the exclusive appointment of the agent and details the specific services to be provided
5. Duration: Specifies the term of the exclusive agreement and any renewal provisions
6. Agent's Obligations: Details the agent's duties, including property search, negotiations, due diligence, and communication requirements
7. Client's Obligations: Outlines the buyer's responsibilities, including providing accurate requirements, maintaining exclusivity, and cooperation
8. Commission Structure: Details the agent's compensation, payment terms, and conditions for commission becoming due
9. Regulatory Compliance: Addresses compliance with Qatar real estate laws and regulations, including licensing requirements
10. Confidentiality: Sets out confidentiality obligations for both parties
11. Termination: Specifies grounds for termination, notice requirements, and post-termination obligations
12. General Provisions: Includes standard clauses such as governing law, notices, amendments, and dispute resolution
1. International Buyer Provisions: Additional provisions for non-Qatari buyers, including compliance with foreign ownership restrictions
2. Specific Property Type Requirements: Special provisions for specific types of properties (commercial, industrial, or restricted zones)
3. Multiple Party Buyers: Additional provisions for when the buyer consists of multiple parties or entities
4. Power of Attorney: Provisions granting specific powers of attorney to the agent for certain transactions
5. Language Requirements: Provisions for dual-language requirements and translation services
6. Property Management Services: Additional services for post-purchase property management if offered by the agent
1. Schedule 1 - Property Requirements: Detailed specifications of the type of property sought, including location, size, budget, and specific requirements
2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, payment terms, and calculation methods
3. Schedule 3 - Service Level Agreement: Specific details of services to be provided, including response times and reporting requirements
4. Schedule 4 - Required Documentation: List of required documents from both parties for various stages of the property purchase process
5. Schedule 5 - Agent's Credentials: Copies of agent's licenses, certifications, and other relevant credentials
6. Appendix A - Power of Attorney Template: Standard form of power of attorney if required for specific transactions
Authors
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Retail Property
Hospitality
Professional Services
Corporate Services
Legal
Real Estate
Compliance
Finance
Corporate Development
Facilities Management
Investment
Operations
Risk Management
Business Development
Real Estate Agent
Property Broker
Real Estate Manager
Legal Counsel
Compliance Officer
Property Acquisition Manager
Corporate Real Estate Manager
Facilities Manager
Real Estate Director
Chief Financial Officer
Investment Manager
Property Portfolio Manager
Real Estate Consultant
Business Development Manager
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