Document background
The Transaction Broker Agreement serves as the foundational document for establishing professional brokerage relationships in Canada, whether for securities, real estate, or business transactions. This agreement is essential when engaging a broker to facilitate transactions, manage negotiations, or provide related advisory services. It must comply with Canadian federal regulations, including PIPEDA and anti-money laundering legislation, as well as provincial Securities Acts and broker licensing requirements. The document typically includes detailed provisions for service scope, compensation structures, compliance obligations, and risk allocation between parties. It's particularly important for regulated industries and high-value transactions where clear documentation of the broker-client relationship is crucial for both legal and regulatory purposes.
