Exclusive Brokerage Contract Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Exclusive Brokerage Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Exclusive Brokerage Contract

"I need an Exclusive Brokerage Contract under Nigerian law for my portfolio of five commercial properties in Lagos, with a commission rate of 5% and an exclusivity period running from January 1, 2025, to December 31, 2025; the agreement should include digital marketing rights and sub-agent provisions."

Document background
The Exclusive Brokerage Contract is a crucial document in Nigerian real estate transactions that formalizes the exclusive relationship between property owners and licensed brokers. This agreement is particularly important in the Nigerian market where property transactions require professional intermediaries who understand local regulations and market dynamics. The document is used when a property owner wants to ensure focused, dedicated service from a single broker, typically for high-value properties or complex transactions. The Exclusive Brokerage Contract includes essential elements such as commission structures, marketing commitments, and compliance requirements with Nigerian real estate regulations, while providing protection for both parties through clear terms and conditions. It's especially relevant in urban centers like Lagos, Abuja, and Port Harcourt, where commercial and high-end residential property transactions are common.
Suggested Sections

1. Parties: Identification of the principal and the broker, including full legal names, addresses, and registration details of the broker

2. Background: Context of the agreement, including the principal's intention to engage the broker and the broker's qualifications

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Exclusive Period', 'Commission', 'Successful Transaction'

4. Appointment and Scope: Explicit statement of exclusive appointment and detailed scope of brokerage services

5. Term and Exclusivity: Duration of the agreement and specific terms of exclusivity

6. Broker's Rights and Obligations: Detailed listing of broker's responsibilities, authority limits, and exclusive rights

7. Principal's Obligations: Principal's duties, including provision of information and cooperation requirements

8. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission earning

9. Marketing and Promotion: Agreed marketing strategies, advertising responsibilities, and budget allocation

10. Confidentiality: Obligations regarding confidential information and trade secrets

11. Termination: Grounds for termination, notice requirements, and post-termination obligations

12. Dispute Resolution: Process for handling disputes, including jurisdiction and applicable law

13. General Provisions: Standard clauses including notices, amendments, assignment, and entire agreement

Optional Sections

1. Protection Period: Used when the principal needs to specify a period after termination during which the broker remains entitled to commission for specific prospects

2. Sub-Agents: Include when the broker may need to appoint sub-agents, specifying terms and conditions

3. International Transactions: Required for brokers dealing with international clients or properties, addressing specific requirements and compliance

4. Digital Marketing Rights: Include when specific digital marketing strategies and online presence need to be detailed

5. Property Management Services: Add when the broker will provide additional property management services

6. Performance Targets: Include when specific performance metrics or targets are part of the agreement

7. Insurance Requirements: Add when specific insurance coverage needs to be maintained by either party

Suggested Schedules

1. Schedule A - Property Details: Detailed description of properties covered under the agreement

2. Schedule B - Commission Structure: Detailed breakdown of commission rates for different types of transactions

3. Schedule C - Marketing Plan: Specific marketing strategies, timelines, and budgets

4. Schedule D - Broker's Credentials: Copies of broker's licenses, certifications, and professional memberships

5. Schedule E - Approved Marketing Materials: Templates and formats for marketing materials

6. Appendix 1 - Service Level Agreement: Detailed performance standards and service levels

7. Appendix 2 - Compliance Checklist: List of regulatory requirements and compliance measures

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Commercial Property

Residential Property

Industrial Property

Agricultural Land

Retail Property

Office Space

Hospitality

Mixed-use Development

Land Development

Property Investment

Relevant Teams

Legal

Real Estate

Business Development

Compliance

Operations

Sales

Marketing

Asset Management

Investment

Property Management

Contract Administration

Relevant Roles

Real Estate Broker

Property Manager

Business Development Manager

Legal Counsel

Compliance Officer

Real Estate Agent

Property Developer

Asset Manager

Investment Manager

Sales Director

Commercial Director

Contract Manager

Real Estate Portfolio Manager

Operations Manager

Marketing Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Broker Contract With Seller

A Nigerian law-governed agreement between a property owner and real estate broker defining the terms for marketing and selling property, including commission structure and service scope.

find out more

Buyer Agency Form

A Nigerian legal agreement establishing representation between a property buyer and real estate agent, outlining services, obligations, and terms under Nigerian law.

find out more

International Broker Agreement

A Nigerian law-governed agreement establishing terms and conditions between a principal and an international broker, including regulatory compliance and operational requirements.

find out more

Business Broker Contract

A Nigerian law-governed agreement establishing terms between a business broker and client for business sale/acquisition services, including commission structures and confidentiality terms.

find out more

Sub Broker Agreement

A Nigerian law-governed agreement establishing the relationship between a licensed securities broker and sub-broker, ensuring regulatory compliance and defining operational terms.

find out more

Real Estate Agent Referral Form

A Nigerian-compliant legal form establishing referral terms between real estate agents, including compensation and responsibilities.

find out more

Exclusive Brokerage Contract

A Nigerian law-governed agreement establishing an exclusive relationship between a property owner and broker for real estate transactions.

find out more

Buyer Representation Agreement Form

A Nigerian law-governed agreement establishing the terms and conditions for real estate agent representation of a buyer in property transactions.

find out more

Buyer Listing Agreement

A Nigerian law-governed agreement establishing the terms of representation between a property buyer and real estate agent, outlining services, obligations, and compensation.

find out more

Buyer Broker Contract

A Nigerian law-governed agreement between a real estate broker and property buyer establishing terms for professional property acquisition services.

find out more

Buyer Agency Agreement Form

A Nigerian law-governed agreement establishing the terms and conditions between a property buyer and their appointed real estate agent for property acquisition services.

find out more

Business Broker NDA

A Nigerian-law governed NDA protecting confidential information shared between business owners and their brokers during business sale processes.

find out more

Split Commission Agreement

A Nigerian law-governed agreement establishing terms and conditions for sharing commission income between multiple parties.

find out more

Seller Listing Agreement

A Nigerian law-governed agreement between a property owner and real estate agent establishing terms for property listing and sale.

find out more

Real Estate Agent Independent Contractor Agreement

A Nigerian law-governed agreement establishing an independent contractor relationship between a real estate brokerage and agent, defining service terms and compliance requirements.

find out more

Non Exclusive Buyer Representation Agreement

A Nigerian law-governed agreement establishing non-exclusive representation terms between a property buyer and real estate agent, allowing the buyer to engage multiple agents.

find out more

Broker Contract Agreement

A Nigerian law-governed agreement establishing the terms and conditions between a broker and client, defining service scope, compensation, and regulatory compliance requirements.

find out more

Agreement Between Landlord And Real Estate Agent

A Nigerian law-governed agreement establishing the terms and conditions between a landlord and real estate agent for property marketing and management services.

find out more

Loan Broker Commission Agreement

A Nigerian law-governed agreement establishing terms and commission structures between a lender and loan broker for borrower referral services.

find out more

Equipment Broker Agreement

A Nigerian law-governed agreement establishing terms between equipment owners and brokers for equipment sales/lease brokerage services.

find out more

Commission Agreement Between Brokers

A Nigerian law-governed agreement establishing commission-sharing terms and regulatory compliance requirements between licensed brokers.

find out more

Broker To Broker Commission Agreement

A Nigerian law-governed agreement establishing commission sharing arrangements between licensed brokers, including regulatory compliance requirements.

find out more

Broker To Broker Agreement

A Nigerian law-governed agreement establishing terms of collaboration between two licensed broker firms, including regulatory compliance, operational procedures, and commission arrangements.

find out more

Broker Seller Agreement

A Nigerian law-governed agreement establishing terms and conditions between a broker and seller for the facilitation of sales transactions.

find out more

Broker Referral Agreement

A Nigerian law-governed agreement establishing terms for client referrals between a licensed broker and referral partner, including compensation and compliance requirements.

find out more

Broker Lease Agreement

A legally binding agreement under Nigerian law between a property owner and real estate broker for property leasing services.

find out more

Co Listing Agent Agreement

A Nigerian law-governed agreement between two real estate agents to jointly list and market a property, defining their collaboration terms and commission arrangements.

find out more

Real Estate Broker Contract

A Nigerian law-governed agreement between a property owner and real estate broker establishing terms for property sale/lease facilitation and marketing services.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.