Buyer Broker Contract Template for Qatar

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Key Requirements PROMPT example:

Buyer Broker Contract

"I need a Buyer Broker Contract under Qatar law for an exclusive 6-month agreement starting March 2025, where the broker will help my company locate and purchase industrial warehouse properties in Doha with a budget of up to 15 million QAR."

Document background
The Buyer Broker Contract is a vital legal instrument used in Qatar's real estate market to formalize the relationship between property buyers and their appointed real estate brokers. This document is essential when a buyer seeks professional assistance in identifying, evaluating, and acquiring property in Qatar. It comprehensively details the scope of broker services, commission structures, and mutual obligations while ensuring compliance with Qatar's Real Estate Broker Law and related regulations. The agreement is particularly important in Qatar's dynamic property market, where professional broker services are regulated to protect both parties' interests. It includes specific provisions for exclusive or non-exclusive representation, detailed service scope, and commission terms, adapted to Qatar's unique legal and business environment.
Suggested Sections

1. Parties: Identification of the broker and the buyer, including full legal names, addresses, and relevant registration/license numbers

2. Background: Context of the agreement, including the buyer's intention to acquire property and the broker's qualification to provide services

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

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

5. Term and Exclusivity: Duration of the agreement and whether the relationship is exclusive or non-exclusive

6. Broker's Obligations: Detailed responsibilities of the broker including property search, negotiations, and reporting

7. Client's Obligations: Buyer's responsibilities including providing accurate requirements, cooperating with the broker, and paying fees

8. Commission Structure: Details of broker's fees, payment terms, and conditions for commission becoming payable

9. Confidentiality: Obligations regarding confidential information shared during the relationship

10. Termination: Circumstances and procedures for ending the agreement

11. Governing Law and Jurisdiction: Specification of Qatar law as governing law and Qatar courts' jurisdiction

Optional Sections

1. Multiple Property Purchases: Include when the buyer may purchase multiple properties through the broker

2. International Property Services: Include when the broker may source properties from international markets

3. Property Management Services: Include when the broker will provide post-purchase property management

4. Power of Attorney: Include when the broker needs legal authority to act on buyer's behalf

5. Anti-Money Laundering Compliance: Include for high-value transactions or when dealing with international buyers

6. Force Majeure: Include to address unforeseen circumstances preventing performance

7. Digital Communications: Include when parties agree to use electronic communications as binding

8. Broker Team Assignment: Include when specific broker team members will be assigned to the buyer

Suggested Schedules

1. Schedule 1 - Property Requirements: Detailed specifications of the type of property the buyer is seeking

2. Schedule 2 - Commission Calculation: Detailed breakdown of commission structure and calculation methods

3. Schedule 3 - Broker's Services: Comprehensive list of services included in the agreement

4. Schedule 4 - Reporting Requirements: Format and frequency of progress reports to be provided

5. Schedule 5 - Authorized Representatives: List of authorized representatives for both parties

6. Appendix A - Broker's License: Copy of broker's valid Qatar real estate license

7. Appendix B - Required Documents: List of documents required from the buyer for property 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
Clauses
Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail Property

Industrial Property

Hospitality

Corporate Services

Investment Management

Property Development

Professional Services

Relevant Teams

Legal

Real Estate

Compliance

Property Management

Corporate Services

Procurement

Risk Management

Operations

Business Development

Investment

Finance

Relevant Roles

Real Estate Broker

Property Acquisition Manager

Chief Investment Officer

Real Estate Director

Legal Counsel

Compliance Officer

Property Consultant

Investment Manager

Corporate Real Estate Manager

Facilities Manager

Transaction Manager

Business Development Manager

Risk 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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