Buyer Agent Exclusive Agreement Template for Qatar

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Key Requirements PROMPT example:

Buyer Agent Exclusive Agreement

"I need a Buyer Agent Exclusive Agreement under Qatar law for a corporate client seeking to purchase commercial property in Doha, with the agreement to commence on March 1, 2025, including specific provisions for multiple property viewings and detailed reporting requirements."

Document background
The Buyer Agent Exclusive Agreement is a crucial document in Qatar's real estate transaction framework, used when a property buyer wishes to secure dedicated representation in their property search and acquisition process. This agreement type became particularly important following the implementation of Qatar's Real Estate Brokerage Law (Law No. 22 of 2017), which formalized the requirements for real estate agency relationships. The document establishes the agent as the buyer's exclusive representative, preventing the buyer from engaging other agents during the agreement period. It typically includes detailed specifications of the desired property, the agent's scope of services, commission structures, and compliance requirements with Qatar's real estate regulations. The agreement is essential for protecting both parties' interests and ensuring transparency in the property acquisition process, whether for residential, commercial, or investment purposes.
Suggested Sections

1. Parties: Identifies the buyer (client) and the real estate agent/brokerage firm, including their full legal names, addresses, and relevant license numbers

2. Background: Sets out the context of the agreement, including the agent's qualifications and the buyer's intention to engage the agent exclusively

3. Definitions: Defines key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Exclusive Period', and 'Commission'

4. Appointment and Scope: Establishes the exclusive appointment of the agent and details the specific services to be provided

5. Duration: Specifies the term of the exclusive agreement and any renewal provisions

6. Agent's Obligations: Details the agent's duties, including property search, negotiations, due diligence, and communication requirements

7. Client's Obligations: Outlines the buyer's responsibilities, including providing accurate requirements, maintaining exclusivity, and cooperation

8. Commission Structure: Details the agent's compensation, payment terms, and conditions for commission becoming due

9. Regulatory Compliance: Addresses compliance with Qatar real estate laws and regulations, including licensing requirements

10. Confidentiality: Sets out confidentiality obligations for both parties

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

12. General Provisions: Includes standard clauses such as governing law, notices, amendments, and dispute resolution

Optional Sections

1. International Buyer Provisions: Additional provisions for non-Qatari buyers, including compliance with foreign ownership restrictions

2. Specific Property Type Requirements: Special provisions for specific types of properties (commercial, industrial, or restricted zones)

3. Multiple Party Buyers: Additional provisions for when the buyer consists of multiple parties or entities

4. Power of Attorney: Provisions granting specific powers of attorney to the agent for certain transactions

5. Language Requirements: Provisions for dual-language requirements and translation services

6. Property Management Services: Additional services for post-purchase property management if offered by the agent

Suggested Schedules

1. Schedule 1 - Property Requirements: Detailed specifications of the type of property sought, including location, size, budget, and specific requirements

2. Schedule 2 - Commission Structure: Detailed breakdown of commission rates, payment terms, and calculation methods

3. Schedule 3 - Service Level Agreement: Specific details of services to be provided, including response times and reporting requirements

4. Schedule 4 - Required Documentation: List of required documents from both parties for various stages of the property purchase process

5. Schedule 5 - Agent's Credentials: Copies of agent's licenses, certifications, and other relevant credentials

6. Appendix A - Power of Attorney Template: Standard form of power of attorney if required for specific transactions

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
Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Industrial Property

Retail Property

Hospitality

Professional Services

Corporate Services

Relevant Teams

Legal

Real Estate

Compliance

Finance

Corporate Development

Facilities Management

Investment

Operations

Risk Management

Business Development

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Legal Counsel

Compliance Officer

Property Acquisition Manager

Corporate Real Estate Manager

Facilities Manager

Real Estate Director

Chief Financial Officer

Investment Manager

Property Portfolio Manager

Real Estate Consultant

Business Development 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

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