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Buyer Listing Agreement
"I need a Buyer Listing Agreement for a commercial property search in Vancouver, with an exclusivity period starting March 1, 2025, that includes specific provisions for multiple agents working on my behalf and allows for early termination if no suitable property is found within 6 months."
1. Parties: Identifies the buyer(s) and the real estate brokerage/agent, including full legal names and contact information
2. Background: Explains the context of the agreement - that the buyer wishes to engage the brokerage to assist in purchasing property
3. Definitions: Defines key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Listing Period', and 'Commission'
4. Appointment and Authority: Establishes the buyer's appointment of the brokerage and the scope of authority granted
5. Term of Agreement: Specifies the duration of the agreement, including start and end dates
6. Services to be Provided: Details the specific services the brokerage will provide to the buyer
7. Buyer's Obligations: Outlines the buyer's responsibilities and commitments under the agreement
8. Compensation: Details the commission structure and payment terms
9. Agency Relationship: Explains the nature of the agency relationship and any limitations
10. Privacy Policy and Consent: Addresses the collection, use, and disclosure of personal information
11. Termination: Specifies how and under what circumstances the agreement can be terminated
12. General Provisions: Includes standard contract clauses such as governing law, amendments, and notices
1. Multiple Buyers: Required when there are multiple buyers entering into the agreement, defining their joint and several responsibilities
2. Property Type Specifications: Used when the buyer has specific property type requirements that need to be detailed
3. Holdover Period: Included when there's a need to address commission obligations for properties shown during the agreement but purchased after its termination
4. Team Representatives: Required when multiple agents from the brokerage will be working with the buyer
5. Buyer's Exclusions: Used when certain properties or situations need to be excluded from the agreement
6. Foreign Buyer Provisions: Required when the buyer is a non-resident of Canada, addressing specific legal requirements
7. Conflict Resolution: Optional detailed dispute resolution procedures beyond standard arbitration clauses
1. Schedule A - Property Requirements: Detailed list of buyer's property requirements, preferences, and deal-breakers
2. Schedule B - Territory: Map or description of the geographic area where the brokerage will search for properties
3. Schedule C - Commission Schedule: Detailed breakdown of commission structures for different property types or price ranges
4. Schedule D - Identification Verification: Required documentation for anti-money laundering compliance
5. Appendix 1 - Agency Disclosure: Mandatory disclosure form explaining agency relationships in real estate transactions
6. Appendix 2 - Privacy Policy: Detailed privacy policy and information handling procedures
7. Appendix 3 - Team Member Profiles: Information about all team members who may assist with the buyer's search
Authors
Buyer
Brokerage
Agent
Property
Territory
Term
Listing Period
Purchase Price
Commission
Property Requirements
Confidential Information
Holdover Period
Showing
Offer to Purchase
Exclusive Relationship
Agency Relationship
Dual Agency
Business Day
Designated Representative
Material Facts
Personal Information
Professional Services
Transaction
Competing Property
Closing Date
Deposit
Effective Date
Force Majeure
Real Estate Board
Exclusivity
Term and Termination
Compensation
Agency Disclosure
Confidentiality
Privacy and Data Protection
Services and Obligations
Representations and Warranties
Property Requirements
Geographic Scope
Commission Terms
Dispute Resolution
Indemnification
Force Majeure
Assignment
Amendments
Notices
Governing Law
Severability
Entire Agreement
Multiple Buyers
Non-Circumvention
Good Faith and Fair Dealing
Electronic Communications
Anti-Money Laundering Compliance
Holdover
Property Viewing
Buyer's Acknowledgments
Limitation of Liability
Real Estate
Property Development
Professional Services
Legal Services
Financial Services
Construction
Property Management
Commercial Real Estate
Residential Real Estate
Legal
Real Estate Operations
Compliance
Contract Administration
Risk Management
Business Development
Property Acquisition
Transaction Processing
Document Management
Client Relations
Real Estate Agent
Real Estate Broker
Brokerage Manager
Real Estate Lawyer
Compliance Officer
Contract Administrator
Property Acquisition Manager
Real Estate Transaction Coordinator
Legal Counsel
Risk Manager
Business Development Manager
Real Estate Operations Manager
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