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Buyer Broker Commission Agreement
"I need a Buyer Broker Commission Agreement for a commercial property transaction in Singapore, with an exclusive representation period of 6 months starting March 2025, and a tiered commission structure based on property value ranges."
1. Parties: Identification of broker and buyer with full legal names and addresses
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of broker's services and obligations
5. Commission Structure: Commission rates, calculation method, and payment terms
6. Term and Termination: Duration of agreement and termination conditions
7. Obligations of Parties: Specific duties and responsibilities of both broker and buyer
8. Governing Law: Specification of Singapore law as governing law
1. Exclusivity: Terms of exclusive representation when broker requires exclusive rights to represent buyer
2. Protection Period: Post-termination commission rights and protection for deals initiated during agreement
3. Dispute Resolution: Specific dispute resolution procedures when parties want detailed conflict resolution process
1. Commission Rate Schedule: Detailed breakdown of commission rates for different property types/values
2. Service Level Agreement: Detailed scope of services and performance metrics
3. Property Requirements: Buyer's specific property requirements and preferences
4. Agency Disclosure Form: Required CEA disclosure forms and documentation
Authors
Broker
Brokerage Firm
Buyer
Commission
Confidential Information
Effective Date
Estate Agency Work
Exclusive Period
Force Majeure
Governing Law
Intellectual Property Rights
Licensed Property Agent
Option to Purchase
Parties
Property
Protection Period
Purchase Price
Real Estate Transaction
Services
Term
Territory
Transaction Documents
Scope of Services
Commission
Payment Terms
Exclusivity
Term and Duration
Termination
Representations and Warranties
Obligations of Broker
Obligations of Buyer
Confidentiality
Protection Period
Professional Standards
Compliance
Indemnification
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Amendments
Data Protection
Agency Disclosure
Non-Solicitation
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