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Buyers Exclusive Agency Contract
I need a Buyer's Exclusive Agency Contract for a high-net-worth international client looking to invest in luxury residential properties in Dubai, with a budget of AED 20 million and a 6-month exclusive period starting January 2025.
1. Parties: Identification of the buyer (principal) and the real estate agent (agent), including all required details as per UAE regulations
2. Background: Context of the agreement and general intention of the parties to enter into an exclusive buyer's agency relationship
3. Definitions: Key terms used throughout the agreement, including specific UAE real estate terminology
4. Appointment and Scope: Express appointment of agent as exclusive buyer's representative and detailed scope of services
5. Term and Exclusivity: Duration of the agreement and explicit exclusive agency provisions
6. Agent's Services and Obligations: Comprehensive list of services to be provided by the agent, including property search, negotiations, and transaction support
7. Client's Obligations: Buyer's responsibilities, including providing accurate requirements, maintaining exclusivity, and cooperation
8. Compensation: Fee structure, payment terms, and conditions for commission earning
9. Confidentiality: Obligations regarding confidential information and market intelligence
10. Termination: Grounds and procedures for termination, including notice requirements
11. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes
12. General Provisions: Standard contractual provisions including notices, amendments, and entire agreement clauses
1. Property Requirements: Detailed specification of the buyer's property requirements - used when the buyer has specific criteria
2. Transaction Process: Step-by-step procedure for property acquisition - included for first-time buyers or complex transactions
3. Due Diligence Services: Additional provisions for enhanced due diligence services - used when comprehensive property verification is required
4. International Buyer Provisions: Special provisions for international buyers - included when the client is not a UAE resident
5. Language Provisions: Dual language provisions and translation requirements - used when the buyer is not an English speaker
6. Sub-Agency Authorization: Provisions allowing the agent to appoint sub-agents - used in complex transactions requiring multiple specialists
1. Schedule 1 - Service Fee Schedule: Detailed breakdown of all fees, commissions, and payment terms
2. Schedule 2 - Property Requirements: Detailed specification of property requirements and search criteria
3. Schedule 3 - Required Documents: List of documents required from the buyer for compliance with UAE regulations
4. Schedule 4 - Agent's Credentials: Copy of agent's license and RERA registration details
5. Appendix A - Power of Attorney Template: Standard form of power of attorney for property transactions
6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and necessary approvals
Authors
Agreement
Applicable Laws
Broker Card
Buyer
Commission
Confidential Information
Deposit
Effective Date
Emirate
Exclusive Period
Force Majeure
Governing Law
Initial Term
Property
Property Requirements
Purchase Price
RERA
Real Estate Register
Real Estate Transaction
Services
Term
Territory
Transaction Documents
UAE
Working Day
Exclusivity
Term
Services
Agent Obligations
Client Obligations
Commission
Payment Terms
Confidentiality
Non-Circumvention
Representations and Warranties
Termination
Force Majeure
Liability
Indemnification
Insurance
Compliance
Anti-Money Laundering
Data Protection
Notices
Assignment
Severability
Entire Agreement
Amendment
Waiver
Governing Law
Dispute Resolution
Language
Counterparts
Real Estate
Property Development
Residential Property
Commercial Property
Luxury Real Estate
Investment Property
Real Estate Brokerage
Property Management
Real Estate Advisory
Legal
Real Estate
Compliance
Business Development
Sales
Client Relations
Property Advisory
Contracts Administration
Risk Management
Real Estate Agent
Property Consultant
Real Estate Broker
Legal Counsel
Compliance Officer
Property Advisor
Real Estate Manager
Business Development Manager
Sales Director
Contract Manager
Property Acquisition Specialist
Client Relations Manager
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