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Buyer Agency Contract
"I need a Buyer Agency Contract for a German corporate client looking to purchase commercial property in Zurich, with exclusive representation rights starting March 2025 and including Lex Koller compliance provisions."
1. Parties: Identification of the buyer (principal) and the real estate agent (agent), including full legal names, addresses, and any registration numbers
2. Background: Context of the agreement, including the buyer's intention to purchase real estate and the agent's professional qualifications
3. Definitions: Key terms used throughout the agreement, including 'Property Requirements,' 'Territory,' 'Commission,' and 'Exclusive Agency'
4. Appointment and Scope of Authority: Formal appointment of the agent and detailed description of authorized activities on behalf of the buyer
5. Agent's Services and Obligations: Comprehensive list of services to be provided, including property search, viewings, negotiations, and due diligence assistance
6. Buyer's Obligations: Buyer's responsibilities, including providing accurate requirements, responding to proposals, and maintaining confidentiality
7. Commission Structure: Detailed explanation of agent's fees, payment terms, and conditions for commission becoming due
8. Term and Termination: Duration of the agreement, renewal terms, and conditions for early termination
9. Confidentiality: Obligations regarding confidential information shared during the agency relationship
10. Liability and Indemnification: Extent of agent's liability and circumstances under which the buyer must indemnify the agent
11. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for dispute resolution
1. Exclusivity: Section defining exclusive rights of the agent, used when the agreement is an exclusive agency arrangement
2. International Buyers: Additional provisions addressing Lex Koller requirements, used when the buyer is a foreign person
3. Multiple Buyers: Provisions for joint buyers or corporate buyers with multiple stakeholders
4. Post-Termination Obligations: Extended obligations after agreement termination, particularly for commission on delayed transactions
5. Anti-Money Laundering Compliance: Specific AML obligations and procedures, particularly relevant for high-value transactions
6. Language: Provisions regarding official language version when contract is bilingual, relevant for international buyers
1. Schedule 1 - Property Requirements: Detailed specifications of the type of property sought, including location, size, budget, and special requirements
2. Schedule 2 - Commission Structure: Detailed breakdown of commission calculations, including any sliding scales or special circumstances
3. Schedule 3 - Authorized Representatives: List of persons authorized to act on behalf of the buyer or agent
4. Appendix A - Agent's Professional Credentials: Copies of agent's licenses, registrations, and professional memberships
5. Appendix B - Due Diligence Checklist: Standard checklist of investigations and verifications to be performed for property purchases
6. Appendix C - Power of Attorney: If applicable, formal power of attorney authorizing agent to act on buyer's behalf in specific circumstances
Authors
Agent
Buyer
Property
Property Requirements
Territory
Commission
Exclusive Agency Period
Effective Date
Professional Services
Transaction
Purchase Price
Confidential Information
Business Day
Due Diligence
Material Information
Permitted Disclosures
Property Documentation
Viewing
Offer
Success Fee
Term
Force Majeure Event
Representatives
Related Parties
Intellectual Property Rights
Swiss Law
Cantonal Requirements
Target Property
Expenses
Authority
Scope of Services
Exclusivity
Agent Obligations
Client Obligations
Commission
Payment Terms
Confidentiality
Data Protection
Term
Termination
Force Majeure
Liability
Indemnification
Insurance
Anti-Money Laundering
Compliance
Notices
Assignment
Entire Agreement
Severability
Amendments
Waiver
Governing Law
Jurisdiction
Language
Counterparts
Representations and Warranties
Conflict of Interest
Record Keeping
Reporting
Property Viewing
Due Diligence
Third Party Rights
Real Estate
Property Development
Legal Services
Financial Services
Property Management
Construction
Investment Management
Private Banking
Wealth Management
Legal
Compliance
Real Estate
Property Services
Client Advisory
Wealth Management
Investment Advisory
Transaction Services
Risk Management
Document Management
Real Estate Agent
Property Buyer's Agent
Real Estate Broker
Legal Counsel
Compliance Officer
Property Consultant
Real Estate Advisory Manager
Wealth Manager
Investment Advisor
Real Estate Transaction Manager
Client Relationship Manager
Property Portfolio Manager
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