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Buyers Agent Agreement
"Need a Buyer's Agent Agreement for our Qatar-based corporation seeking exclusive representation to purchase commercial property in Doha's business district, with a 6-month term starting January 2025 and including provisions for multiple property viewings and detailed reporting requirements."
1. Parties: Identifies and provides full details of the buyer (client) and the agent/brokerage firm, including Qatar ID numbers and relevant license details
2. Background: Explains the context of the agreement, including the buyer's intention to purchase property and the agent's qualification to provide such services in Qatar
3. Definitions: Defines key terms used throughout the agreement, including specific real estate terminology and Qatar-specific legal terms
4. Appointment and Scope of Services: Details the official appointment of the agent and comprehensive list of services to be provided
5. Term of Agreement: Specifies the duration of the agreement, including start date and end date
6. Agent's Obligations: Lists all duties and responsibilities of the agent, including compliance with Qatar real estate regulations
7. Client's Obligations: Outlines the buyer's responsibilities, including providing accurate information and necessary documentation
8. Compensation: Details the agent's fees, commission structure, and payment terms in accordance with Qatar regulations
9. Confidentiality: Specifies confidentiality obligations regarding client information and property details
10. Termination: States conditions and procedures for ending the agreement, including notice requirements
11. Governing Law and Jurisdiction: Confirms Qatar law as governing law and specifies jurisdiction for dispute resolution
12. Notices: Specifies how formal communications between parties should be made and delivered
13. General Provisions: Includes standard legal provisions such as entire agreement, amendments, and severability
1. Exclusivity: Optional clause establishing whether the agreement is exclusive or non-exclusive, used when parties want to explicitly define exclusivity rights
2. Foreign Ownership Provisions: Additional provisions specific to non-Qatari buyers, included when the client is not a Qatari national
3. Property Type Specifications: Detailed requirements for specific types of properties (commercial, residential, etc.), included when the search is limited to specific property types
4. Special Powers of Attorney: Additional provisions for when the agent needs specific powers to act on behalf of the buyer, used when the buyer may be absent
5. Language Provisions: Provisions regarding translation and controlling language, used when dealing with non-Arabic speaking clients
6. Sub-Agency Provisions: Terms governing the appointment of sub-agents, included when sub-agents might be needed
1. Schedule A - Service Details: Detailed breakdown of all services to be provided by the agent
2. Schedule B - Fee Structure: Detailed breakdown of all fees, commissions, and payment terms
3. Schedule C - Property Requirements: Detailed specifications of the type of property the client is seeking
4. Schedule D - Required Documents: List of all documents required from both parties for property transactions
5. Appendix 1 - Agent's Credentials: Copies of agent's licenses and certifications required under Qatar law
6. Appendix 2 - Power of Attorney Template: Standard form for power of attorney if required during the relationship
Authors
Real Estate
Banking & Financial Services
Investment & Asset Management
Professional Services
Construction & Development
Hospitality & Tourism
Retail & Commercial
Industrial & Manufacturing
Legal
Real Estate
Compliance
Procurement
Corporate Services
Facilities Management
Business Development
Investment
Operations
Risk Management
Real Estate Agent
Property Broker
Real Estate Manager
Legal Counsel
Compliance Officer
Property Acquisition Manager
Investment Manager
Real Estate Director
Business Development Manager
Contract Manager
Property Consultant
Corporate Real Estate Manager
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