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Letter Of Exclusivity Mortgage Broker
"I need a Letter of Exclusivity Mortgage Broker for my Singapore property development company to appoint ABC Mortgage Services as our exclusive mortgage broker for all our new launches in 2025, with a commission structure of 0.5% of successful loan amounts."
1. Letter Header: Date, recipient details, and reference number
2. Appointment Confirmation: Clear statement of exclusive appointment as mortgage broker
3. Scope of Services: Detailed description of mortgage broking services to be provided
4. Exclusivity Terms: Duration and territorial scope of exclusivity
5. Commission Structure: Details of fees and commission arrangements
6. Duration: Term of the exclusivity agreement
7. Professional Obligations: Compliance with regulatory requirements and professional standards
8. Signature Block: Space for signatures and dates
1. Performance Targets: Specific targets or KPIs, used when performance monitoring is required
2. Marketing Rights: Rights to market properties, used when broker handles property marketing
3. Client Referral Process: Process for handling client referrals, used in multi-party arrangements
1. Commission Schedule: Detailed breakdown of commission structures and payment terms
2. Service Level Agreement: Specific service standards and response times
3. Property Portfolio: List of properties covered under the agreement, if applicable
Authors
Appointment Period
Broker Services
Business Day
Commission
Completion
Confidential Information
Effective Date
Exclusivity Period
Financial Institution
Licensed Mortgage Broker
Loan Application
MAS
Mortgage
Mortgage Products
Party/Parties
Professional Services
Property
Referral Fee
Related Documents
Services
Success Fee
Term
Territory
Transaction
Scope of Services
Exclusivity
Term and Duration
Commission and Fees
Payment Terms
Professional Obligations
Compliance
Confidentiality
Data Protection
Performance Standards
Representations and Warranties
Termination
Non-Solicitation
Limitation of Liability
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendments
Severability
Relationship of Parties
Insurance Requirements
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