Exclusive Buyer Agent Agreement Template for Denmark

The Exclusive Buyer Agent Agreement is a critical document used in Danish real estate transactions when a buyer seeks dedicated representation in their property search and acquisition process. This agreement type is particularly important in the Danish market where real estate transactions are highly regulated and professional representation is valuable for navigating the local property market. The document establishes the exclusive rights of the agent to represent the buyer, preventing potential conflicts of interest and ensuring dedicated service. It includes essential elements required under Danish law, including compliance with the Danish Estate Agents Act (Ejendomsmæglerlov), consumer protection regulations, and GDPR requirements. The agreement typically details property requirements, territorial scope, service levels, fee structures, and the duration of the exclusive relationship, providing a clear framework for both parties to operate under Danish jurisdiction.

1. Parties: Identification of the buyer (principal) and the real estate agent, including full legal names, addresses, and registration numbers

2. Background: Brief context explaining the buyer's intention to purchase property and the agent's role in assisting with the search and acquisition

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Agency Services'

4. Appointment and Scope: Formal appointment of the agent as exclusive buyer's representative and detailed scope of services to be provided

5. Exclusivity Terms: Terms of the exclusive relationship, including duration and territorial scope

6. Agent's Obligations: Detailed list of agent's duties, including property search, negotiations, due diligence, and reporting requirements

7. Client's Obligations: Buyer's responsibilities, including providing accurate requirements, timely responses, and necessary documentation

8. Fees and Expenses: Structure and timing of agent's compensation, including commission rates and reimbursable expenses

9. Term and Termination: Duration of the agreement, renewal provisions, and grounds for termination

10. Confidentiality: Obligations regarding confidential information and personal data protection

11. Liability and Indemnification: Extent of agent's liability and any indemnification provisions

12. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction for disputes

13. Entire Agreement: Standard boilerplate confirming the agreement represents the entire understanding between parties