Real Estate Finders Fee Agreement Template for New Zealand

This document is essential for formalizing arrangements where one party (the finder) agrees to identify and introduce potential property opportunities to another party (the principal) in New Zealand. The Real Estate Finders Fee Agreement is particularly useful in both commercial and residential property contexts, where the principal seeks to leverage the finder's network and expertise to locate suitable properties. It details the specific property requirements, the scope of services, payment terms, and conditions for earning the fee. The agreement ensures compliance with New Zealand regulations, including the Real Estate Agents Act 2008 and related legislation, while protecting both parties' interests. It's commonly used by property investors, developers, and businesses looking to expand their property portfolio through professional property finding services.

1. Parties: Identification of the principal and the finder, including full legal names, addresses, and any relevant registration numbers

2. Background: Context of the agreement, including the principal's desire to find property and the finder's services

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Success Fee', 'Introduction', and 'Qualifying Transaction'

4. Appointment and Scope: Details of the finder's appointment and the specific services to be provided

5. Property Requirements: Specific criteria and parameters for the properties to be identified

6. Finder's Obligations: Detailed responsibilities of the finder, including reporting requirements and professional conduct

7. Principal's Obligations: Responsibilities of the principal, including providing necessary information and responding to introductions

8. Success Fee Structure: Detailed explanation of how and when the finder's fee is calculated and payable

9. Payment Terms: Specifics about payment timing, method, and any conditions precedent

10. Term and Termination: Duration of the agreement and circumstances for termination

11. Confidentiality: Obligations regarding confidential information and its protection

12. General Provisions: Standard contractual clauses including governing law, dispute resolution, and entire agreement