Finders Fee Agreement (Real Estate) Template for Denmark

The Finder's Fee Agreement (Real Estate) is a crucial document used in Danish property transactions when a property owner or developer wishes to engage an introducer to identify potential buyers or tenants. This agreement type is particularly relevant in today's competitive real estate market where networking and connections play a vital role in successful property transactions. The document carefully balances the needs of property owners seeking qualified buyers with the interests of finders who facilitate such introductions, all while ensuring compliance with Danish regulations, particularly the Estate Agents Act (Ejendomsmæglerlov) and related legislation. It typically includes detailed provisions about the property, fee structures, payment triggers, and compliance requirements, while clearly distinguishing the finder's role from that of a regulated real estate broker. This agreement is especially valuable for commercial property transactions and high-value residential deals where professional introductions can significantly impact the success of a property sale or lease.

1. Parties: Identification of the principal/property owner and the finder, including full legal names, addresses, and registration numbers if applicable

2. Background: Context of the agreement, including the principal's desire to sell/lease property and finder's ability to introduce potential buyers/tenants

3. Definitions: Key terms used in the agreement, including 'Property', 'Successful Transaction', 'Prospective Buyer', 'Finder's Fee', etc.

4. Scope of Services: Detailed description of the finder's role, responsibilities, and limitations (especially distinguishing from regulated broker activities)

5. Property Details: Specific information about the property/properties covered by the agreement

6. Fee Structure: Clear definition of the finder's fee amount or calculation method, including any variations based on transaction value

7. Payment Terms: Conditions for fee payment, timing, and method of payment

8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Obligations regarding confidential information and property details

10. Compliance: Acknowledgment of and compliance with relevant laws and regulations

11. Representations and Warranties: Basic warranties about capacity to contract and service delivery

12. General Provisions: Standard clauses including governing law, notices, and entire agreement