[{"data":1,"prerenderedAt":512},["ShallowReactive",2],{"document-exclusive-buyer-agency-agreement-D12824":3},{"document":4,"label":23,"preview":11,"thumb":24,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":25,"breadcrumb":29,"related":37,"customDescModule":176,"customdescription":6,"mdFm":177,"mdProseHtml":511},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"EXCLUSIVE BUYER AGENCY AGREEMENT This Exclusive Buyer Agency Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [BUYER NAME] (the \"Buyer\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE] with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the \"Agent\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS Buyer intends to use the services of Agent as its purchasing representative when Buyer makes purchases of the merchandise listed in the attached Exhibit A; WHEREAS Buyer and Agent wish to formalize the method by which they will transact business so as to ensure that both Buyer and Agent will act in this manner in the future; NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: PURPOSE Agent shall assist Buyer in purchasing real estate, as more particularly described in section 2. Agent's services shall include, but not be limited to, consulting with Buyer regarding the desirability of properties and the availability of financing; formulating acquisition strategies; and negotiating purchase agreements. Buyer acknowledges that Agent is not acting as attorney, tax advisor, surveyor, appraiser, environmental expert or structural or mechanical engineer, and that Buyer should contact professionals on these matters. Agent is not in a position to advise Buyer as to the location of any property within a floodplain or as to floodplain insurance requirements. Buyer is encouraged to consult with appropriate professionals. PROPERTY Buyer desires to purchase real property meeting the following criteria (\"Desired Property\"): [LIST PROPERTY CRITERIA (TYPE, PRICE RANGE, GEOGRAPHICAL LOCATION, ETC)] EXCLUSIVE AGENT Buyer agrees that during the term of this agreement any and all inquiries and/or negotiations on behalf of Buyer relating to the acquisition of any Desired Property shall be through Broker/Agent. COMPENSATION OF AGENT In consideration for the services to be performed under the agreement, Buyer agrees to pay Agent as follows (check as applicable): Retainer Fee. Buyer will pay Agent a non-refundable Retainer Fee of $ [TOTAL] due and payable upon execution of this agreement. The Retainer Fee shall be applied against any commission owed to Agent. Hourly Fee. Buyer will pay Agent an Hourly Fee of $ [TOTAL] for services performed under this agreement due and payable upon receipt of invoice(s) from Agent. The Hourly Fee shall be applied against any commission owed to Agent. Flat Fee. In the event Buyer contracts to purchase the Desired Property, Buyer will pay Agent a Flat Fee equal to $ [TOTAL]. The Flat Fee is due and payable upon closing; provided, however, that if the transaction does not close because of any default on the part of the Buyer, the Flat Fee shall become immediately due and payable. The Flat Fee obligation shall apply to any purchase agreements executed during the term of this agreement, or during any extension of this agreement. The Flat Fee obligation will also apply to purchase agreements executed within [TOTAL] months after the expiration or other termination of this agreement, if the property acquired was presented to Buyer during the term of this agreement. Commission. In the event Buyer contracts to purchase the Desired Property, Buyer will pay Agent a Commission equal to [PERCENTAGE] % of the purchase price. The Commission is due and payable upon closing; provided however, that if the transaction does not close because of any default on the part of the Buyer, the Commission shall become immediately due and payable. The Commission obligation shall apply to any purchase agreements executed during the term of this agreement, or during any extension of this agreement. The Commission obligation will also apply to purchase agreements executed within [TIMEFRAME] months after the expiration or other termination of this agreement if the property acquired was presented to Buyer during the term of this agreement. CREDIT Buyer will receive a credit against any amount owed pursuant to paragraph 4 above for any commission paid to Agent by the seller or the seller's listing Agent. DISCLOSURE OF AGENT'S ROLE 6.1 At the time of any initial contact, Agent shall inform all prospective sellers and their agents that Agent is acting on behalf of Buyer. Agent will preserve any confidential information obtained during another agency relationship or in a prior or pending transaction or business relationship. Buyer acknowledges and agrees that the preservation of this confidential information shall not constitute a breach of any fiduciary duty owed to Buyer. CONFLICT OF INTEREST (BUYERS) Buyer acknowledges that Agent may represent other buyers desirous of purchasing property similar to the Desired Property. Buyer acknowledges and agrees that Agent may show more than one buyer the same property and may prepare offers on the same property for more than one buyer. Agent shall preserve any confidential information disclosed by any buyer-client and shall not disclose the existence of, or the terms of, any offer prepared on behalf of one buyer to another buyer. In the event Agent works for two competing buyer-clients in connection with any specific property, Agent will be working equally for both buyer-clients and without the full range of fiduciary duties owed by a buyer's agent to a buyer. In this situation, the competing buyer-clients are giving up their rights to undivided loyalty and will be owed only limited duties of disclosure, obedience, and confidentiality. CONFLICT OF INTEREST (SELLERS) In the event Buyer becomes interested in a property listed by Agent (check as applicable): This agreement shall automatically terminate only regarding that seller's property (but shall continue as to all other real property) and Agent shall continue the agency relationship with the seller where the agency relationship was terminated pursuant to his paragraph. Any fees previously paid to Agent by Buyer pursuant to this agreement shall be returned to Buyer at closing. Agent shall act as disclosed dual agent of both Buyer and the seller. In such event, Agent shall be entitled to any fees owed by Buyer pursuant to this agreement. Agent shall act as a transaction coordinator to facilitate the transaction, and not as an agent for either Buyer or the seller. In such event, Agent shall be entitled to any fees owed by Buyer pursuant to this agreement. BUYER DISCLOSURE Buyer agrees to disclose to Agent relevant personal and financial information to assure Agent that Buyer has the ability to complete any transaction which is the subject of this agreement. Buyer hereby grants to Agent the authority to disclose such information as Agent deems necessary or appropriate in order to influence the decision of a seller to accept an offer from Buyer. ",null,"Exclusive Buyer Agency Agreement","6",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/exclusive-buyer-agency-agreement-D12824.png","https://templates.business-in-a-box.com/imgs/250px/12824.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12824.xml",{"title":15,"description":6},"exclusive buyer agency agreement",[17,20],{"label":18,"url":19},"Real Estate","/templates/real-estate-business/",{"label":21,"url":22},"Business Checklists","/templates/business-checklists/","Exclusive Buyer Agency Agreement Template","https://templates.business-in-a-box.com/imgs/400px/12824.png",[26,17,20],{"label":27,"url":28},"Templates","/templates/",[30,31,34],{"label":27,"url":28},{"label":32,"url":33},"Legal Agreements","/templates/business-legal-agreements/",{"label":35,"url":36},"Real Estate & Leases","/templates/real-estate-and-leases/",[38,42,46,50,54,58,62,66,70,74,78,82,86,103,118,132,147,159],{"label":39,"url":40,"thumb":41,"extension":10},"Sales Agency Agreement","/template/sales-agency-agreement-D1254","https://templates.business-in-a-box.com/imgs/250px/1254.png",{"label":43,"url":44,"thumb":45,"extension":10},"Exclusive Sales Agreement","/template/exclusive-sales-agreement-D12810","https://templates.business-in-a-box.com/imgs/250px/12810.png",{"label":47,"url":48,"thumb":49,"extension":10},"Advertising Agency Agreement","/template/advertising-agency-agreement-D1223","https://templates.business-in-a-box.com/imgs/250px/1223.png",{"label":51,"url":52,"thumb":53,"extension":10},"Marketing Agency Agreement","/template/marketing-agency-agreement-D12852","https://templates.business-in-a-box.com/imgs/250px/12852.png",{"label":55,"url":56,"thumb":57,"extension":10},"Exclusive Importation and Sales Agreement","/template/exclusive-importation-and-sales-agreement-D1241","https://templates.business-in-a-box.com/imgs/250px/1241.png",{"label":59,"url":60,"thumb":61,"extension":10},"Exclusive Sales Territory Agreement","/template/exclusive-sales-territory-agreement-D12828","https://templates.business-in-a-box.com/imgs/250px/12828.png",{"label":63,"url":64,"thumb":65,"extension":10},"Sales Agency Agreement With Trademarks protection","/template/sales-agency-agreement-with-trademarks-protection-D1255","https://templates.business-in-a-box.com/imgs/250px/1255.png",{"label":67,"url":68,"thumb":69,"extension":10},"Exclusive Distribution Agreement","/template/exclusive-distribution-agreement-D1240","https://templates.business-in-a-box.com/imgs/250px/1240.png",{"label":71,"url":72,"thumb":73,"extension":10},"Exclusive Tenant Brokerage Agreement","/template/exclusive-tenant-brokerage-agreement-D12829","https://templates.business-in-a-box.com/imgs/250px/12829.png",{"label":75,"url":76,"thumb":77,"extension":10},"Exclusive Sollicitation Sales Commission Agreement","/template/exclusive-sollicitation-sales-commission-agreement-D1242","https://templates.business-in-a-box.com/imgs/250px/1242.png",{"label":79,"url":80,"thumb":81,"extension":10},"Non-Exclusive Sales Representative Agreement","/template/non-exclusive-sales-representative-agreement-D12813","https://templates.business-in-a-box.com/imgs/250px/12813.png",{"label":83,"url":84,"thumb":85,"extension":10},"Exclusive Management Agreement","/template/exclusive-management-agreement-D12826","https://templates.business-in-a-box.com/imgs/250px/12826.png",{"description":87,"descriptionCustom":6,"label":88,"pages":89,"size":9,"extension":10,"preview":90,"thumb":91,"svgFrame":92,"seoMetadata":93,"parents":95,"keywords":94,"url":102},"EXCLUSIVE LISTING AGREEMENT This Exclusive Listing Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [OWNER NAME] (the \"Owner\"), an individual with his main address located at: [YOUR COMPLETE ADDRESS] AND: [BROKER NAME] (the \"Broker\"), an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Owner and the Broker shall be referred to as the \"Parties.\" WHEREAS, the Owner owns the building [DESCRIPTION AND ADDRESS OF PROPERTY] (hereinafter referred to as the \"Property\"); and WHEREAS, the Owner desires to engage the Broker as the Owner's agent to sell the Property and the Broker desires to accept such engagement, upon and subject to the terms and conditions set forth herein. NOW, THEREFORE, the Parties agree as follows: EXCLUSIVE RIGHT TO LIST Right to Sell. The Owner hereby grants to the Broker the exclusive right to sell the Property for the term of this Agreement. Notwithstanding anything to the contrary herein or elsewhere, all terms and conditions of an agreement with any prospective purchaser shall be subject to the Owner's sole and absolute discretion. The Owner has the absolute right in all events to approve or to disapprove any and all proposals regarding pricing, marketing and terms of sale of the Property. The Broker shall have no authority to extend any offer or make any agreement on behalf of or binding on the Owner, and the Broker shall have no authority to accept security or other deposits in connection with any offer to purchase the Property; accordingly, an agreement to sell the Property shall become effective only when (i) signed by an authorized signatory on behalf of the Owner and the prospective purchaser and (ii) delivered by the Owner to such prospective purchaser. List of Prospective Purchasers. Within [NUMBER OF DAYS] days of the date hereof, the Owner shall provide the Broker with a list of all prospective purchasers with whom it has had substantive discussions regarding a sale of the Property during the last [NUMBER OF MONTHS] months. The Owner shall furnish to the Broker such information with respect to the Property and use reasonable efforts to provide access to the Property as the Broker may reasonably request, subject to the rights of tenants of the Property, in order to enable the Broker to render its services effectively. The Owner represents that, to the best of its knowledge, all information furnished by it to the Broker with respect to the Property will be accurate and complete in all material respects. TERM The term of this Agreement shall end, and this Agreement shall terminate and be of no further force and effect, on [DATE], provided, however, that: The Owner shall have the right to terminate this Agreement and end the term without cause at any time by providing thirty (30) days' prior written notice to the Broker, The Owner shall have the further right to terminate this Agreement and end the term without cause immediately upon the sale, merger or consolidation of the Property, and The Owner and the Broker shall each have the right to terminate this Agreement and end the term for cause immediately upon giving written notice of such cause and such termination to the other Party. DUTIES OF BROKER The Broker accepts the relationship of trust and confidence established between the Broker and the Owner under this Agreement. The Broker agrees to take all actions reasonably required or helpful in selling the Property as promptly as possible, including, but not limited to, promoting and marketing the Property for sale, using its diligent and best efforts, skill, judgment, and abilities to show the Property, offering the Property for sale, procuring prospective purchasers for Property, cooperating with outside brokers representing such prospective purchasers, obtaining financial and reference information on prospective purchasers, promptly submitting all offers to purchase the Property to the Owner, taking photographs of the Property, making monthly inspections of the Property, and other actions as may be directed by the Owner from time to time, including, but not limited to, as and when requested by the Owner, using best efforts to assist the Owner with obtaining tenant estoppel certificates and subordinations. Inquiries regarding the Property shall be referred to the Broker and related negotiations shall be handled by or under direction of the Broker, subject to the approval and review of the Owner and subject to the participation of legal counsel selected and retained by the Owner to assist as necessary in preparation and negotiation of the sale contract and to institute and defend any and all legal proceedings associated with the sale of the Property, provided that no such legal proceedings or compromises or settlements of such legal proceedings shall be undertaken or defended without, in each instance, the prior written approval of the Owner. Without limiting the generality of the foregoing, the Broker specifically agrees to provide monthly activity reports to the Owner. COMMISSION ON SALE Upon the sale of the Property pursuant to a written sale contract executed during the term of this Agreement, the Owner agrees to pay to the Broker a commission of [SPECIFY AMOUNT]. The commission shall be deemed earned, due and payable in full when, and only if, title to the Property is transferred to a purchaser of the Property and the Owner shall pay such commission concurrent with such transfer. The Owner reserves the right to modify the marketing plan or withdraw the Property from the market, without being liable for any commission hereunder, at its discretion throughout the term of this Agreement. The Broker shall not be entitled to any commission with respect to offers to purchase, which, when submitted to the Owner for approval pursuant to this Agreement, shall, for any reason, be rejected by the Owner. The Owner shall not have any obligation to sue any prospective purchaser who defaults under the terms of a binding contract of sale for damages or specific performance. In the event a prospective purchaser defaults and the Owner becomes entitled to such prospective purchaser's earnest deposit, then such earnest deposit shall be forfeited to the Owner as liquidated damages, and the Broker shall not be entitled to any part thereof. No commission will be deemed earned and payable in the event the Property or any portion thereof is (i) taken by a municipality or other authority in a condemnation or similar proceeding or by deed in lieu thereof, (ii) acquired by a lender under a foreclosure proceeding or other similar process, or (iii) transferred or sold to a parent, subsidiary or entity under common control or common management with the Owner. POST TERMINATION COMMISSIONS Within [NUMBER OF DAYS] days following the termination of this Agreement, the Broker may submit to the Owner a written list (the \"Prospective Purchaser List\") of any person or entity proposed by the Broker during the term of this Agreement as a prospective purchaser of the Property with whom the Broker had substantial negotiations, as defined below, during the term of this Agreement. The term \"substantial negotiations\" shall mean that: The Broker provided marketing materials regarding the Property, and Either the Broker brought the prospective purchasers to the Property, the prospective purchaser had negotiations with the Owner or the Broker received a signed letter of intent. The Prospective Purchaser List shall include the names and addresses of such prospective purchasers and supporting documentation of such negotiations. ","Exclusive Listing Agreement","8","https://templates.business-in-a-box.com/imgs/1000px/exclusive-listing-agreement-D13268.png","https://templates.business-in-a-box.com/imgs/250px/13268.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13268.xml",{"title":94,"description":6},"exclusive listing agreement",[96,99],{"label":97,"url":98},"Human Resources","human-resources",{"label":100,"url":101},"Motivation & Appreciation","motivation-appreciation","/template/exclusive-listing-agreement-D13268",{"description":104,"descriptionCustom":6,"label":105,"pages":89,"size":9,"extension":10,"preview":106,"thumb":107,"svgFrame":108,"seoMetadata":109,"parents":111,"keywords":110,"url":117},"REAL ESTATE PURCHASE AGREEMENT This Real Estate Purchase Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [SELLER NAME], (the \"Seller\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [PURCHASER NAME], (the \"Purchaser\") an individual with his main address located at OR a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, the Seller and Purchaser shall be referred to as the \"Parties.\" WHEREAS, the Seller is the owner of the real property located at [ADDRESS OF PROPERTY] (hereinafter referred to as the \"Property\") and the Purchaser is interested in buying the Property from the Seller pursuant to the following terms and conditions. WHEREAS, in consideration of and as a condition of the Seller selling the Property and the Purchaser purchasing the Property and other valuable consideration, the receipt and sufficiency of which are acknowledged here; NOW, THEREFORE, the Parties agree as follows: PROPERTY The Property is situated at [SPECIFY ADDRESS] and the legal description of the Property is as follows: [SPECIFY LEGAL DESCRIPTION OF PROPERTY] which includes with it but is not limited to permits, easements, and cooperative and association memberships (the \"Property\"). The Seller agrees to sell and convey to the Purchaser and the Purchaser agrees to purchase the Property from the Seller. The Seller shall release possession, occupancy, existing keys and/or means to operate all locks, mailbox, security system/alarms and all common area facilities to the Purchaser on the Closing Date. The Seller agrees that all the existing fixtures on the Premises, and any existing personal property including but not limited to light fixtures, fireplace, ceiling fans, lighting, and storage sheds shall be included in this sale and shall be transferred with no monetary value, and free and clear of all liens or encumbrances. PAYMENT OF PURCHASE PRICE The Purchaser agrees to pay to the Seller [SPECIFY AMOUNT] for the Property. At the time of signing of the Agreement, the Purchaser shall make the payment of [SPECIFY PERCENTAGE] % of the total amount. The remaining amount shall be transferred to the Seller on the Closing Date. The Purchaser is entitled to pay the amount by any of the following modes: [SPECIFY MODES OF PAYMENT]. TITLE INSURANCE The Seller shall furnish to the Purchaser an owner's policy of title insurance (the \"Title Insurance\") from [SPECIFY INSURANCE COMPANY] (the \"Title Company\") in an amount of the Sales Price dated as of the date that the sale of the Property becomes final, and the Purchaser takes possession, which insures and indemnifies the Purchaser against loss, as stipulated under the provisions of the Title Policy, subject to exceptions contained therein. TITLE COMMITMENT At the Seller's sole cost, the Seller will furnish or cause to be furnished to the Purchaser a commitment for the Title Insurance and copies of restrictive covenants and documents evidencing the exceptions in the Commitment. DISCLOSURES BY THE SELLER The Seller shall send disclosures to the Purchaser, within 28 days of signing of this Agreement, in which he shall disclose the details of the Property under various categories. The categories include: Boundaries. Changes made to the Property (extensions, alterations). Shared areas with neighbors, formal and informal agreements. Disputes or complaints (made by or about the Seller). Occupiers (who live at the Property). Guarantees and warranties affecting the Property. Environmental matters. The relevant issues disclosed to the Purchaser shall include, but are not limited to the following: Any disputes with neighbors that have resulted in written exchanges, or police or local authority involvement. Whether the neighbors have any anti-social behavior orders. Planning permission on the Property that is pending, granted or denied. Problems with pests, current or historic. Flooding issues, current or historic. Structural issues. Whether there is a flight path nearby or one planned. Whether there is a motorway within view or one planned. A previous sale falling through due to bad survey results on the Property. The neighborhood having high levels of crime. A violent death that occurred at the Property. Notwithstanding anything contained in the foregoing provisions, the Seller shall disclose all such information which would materially affect the Purchaser's consent to purchase the Property. WARRANTY BY THE SELLER The Seller has full power and authority to enter into and perform this Agreement in accordance with its terms; The individuals executing this Agreement on behalf of the Seller are authorized to do so and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Seller; The Seller has no actual knowledge of any impending lawsuits with respect to the Property; The Seller represents and warrants that there will be no liens, assessments, or security interests from third parties against the Property on the Closing Date; The Seller warrants and shall maintain and repair the Premises so that at the time of possession, all the heating, cooling, mechanical, plumbing and electrical systems, and built-in appliances shall be in working condition; The Seller warrants that the Premises, including all additional existing personal property included in the sale, will be in substantially the same condition, except the changes caused by reasonable wear and tear or irresistible force, as on the date of acceptance of the Agreement; The Seller warrants that no damage would be caused to the Property, by any improvement work being carried out by the Seller in the Property, to substantially reduce its value or damage it in a way to make its enjoyment difficult. WARRANTY BY THE PURCHASER The Purchaser has full power and authority to enter into and perform this Agreement in accordance with its terms; and Any individual executing this Agreement on behalf of the Purchaser is authorized to do so, and, upon execution hereof, this Agreement shall be binding upon and enforceable against the Purchaser. INDEMNIFICATION The Seller will bear all the risk of loss to the Property or its improvements, which includes but is not limited to physical damage or destruction to the Property, or loss caused by eminent domain, until the Closing Date. If prior to the Closing Date, the Property is damaged or destroyed, the Seller will restore the Property to its previous condition as soon as possible before the Closing Date. The Seller agrees to defend, indemnify, and hold the Purchaser harmless from and against all claims, liabilities, obligations, costs, expenses, and reasonable attorney's fees arising out of or related to: Any breach or inaccuracy of representation or warranty of the Seller made in this Agreement; Any failure by the Seller to perform any covenant required to be performed by it under this Agreement; Any liability or obligation of any third party assumed by the Seller in accordance with the terms of this Agreement; Use of the Property before the Closing Date. PRORATION The Seller and the Purchaser agree to proration of the following items: Title Insurance and Closing Fee: The Seller shall pay all costs of the Title Commitment and the premium as applicable under law. Recording Costs: The Purchaser shall pay the cost of the deed and all other documents. Real Estate Taxes and Special Assessments: All real estate property taxes, levies and assessments as of the Closing","Real Estate Purchase Agreement","https://templates.business-in-a-box.com/imgs/1000px/real-estate-purchase-agreement-D13234.png","https://templates.business-in-a-box.com/imgs/250px/13234.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#13234.xml",{"title":110,"description":6},"real estate purchase agreement",[112,114],{"label":32,"url":113},"business-legal-agreements",{"label":115,"url":116},"Purchase & Sale Agreements","purchase-sale-agreement","/template/real-estate-purchase-agreement-D13234",{"description":119,"descriptionCustom":6,"label":120,"pages":8,"size":121,"extension":10,"preview":122,"thumb":123,"svgFrame":124,"seoMetadata":125,"parents":126,"keywords":130,"url":131},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[127],{"label":128,"url":129},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":133,"descriptionCustom":6,"label":134,"pages":135,"size":9,"extension":10,"preview":136,"thumb":137,"svgFrame":138,"seoMetadata":139,"parents":141,"keywords":140,"url":146},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":140,"description":6},"non disclosure agreement nda",[142,143],{"label":32,"url":113},{"label":144,"url":145},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":148,"descriptionCustom":6,"label":149,"pages":8,"size":9,"extension":10,"preview":150,"thumb":151,"svgFrame":152,"seoMetadata":153,"parents":155,"keywords":154,"url":158},"SERVICE AGREEMENT This SERVICE AGREEMENT (\"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME] (the \"Contractor\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Customer\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] (The Contractor and the Customer shall be individually referred to as a \"Party\" and collectively referred to as the \"Parties\", as the context may require). WHEREAS A. Contractor has experience and expertise in [DESCRIBE EXPERIENCE AND SERVICE]. B. Customer desires to have Contractor provide services for them. C. Contractor desires to provide services to Customer on the terms and conditions set forth herein (the \"Services\"). NOW THEREFORE, in consideration of the above recitals, the representations, warranties, and agreements contained in this Agreement and for other good and valuable consideration, the receipt and adequacy of which are now acknowledged, the Parties agree as follows: SERVICES PROVIDED Beginning on upon agreement to this contract, [CONTRACTOR] will provide to [CUSTOMER] the following service (collectively, the /Services\"): Description of the project: [DESCRIBE THE SERVICE REQUIRED]. SCOPE OF WORK Contractor agrees to provide Services pursuant to the Scope of Work set forth in Exhibit A attached hereto (the \"Scope of Work\"). TERM Unless both parties mutually agree on an extension, this contract will automatically terminate on [SPECIFY]. PERFORMANCE The parties agree to do everything possible to ensure that the terms of this Agreement take effect. PAYMENT FOR SERVICES In exchange for the Services rendered, a payment of [SPECIFY] will be made to the Contractor upon completion of the scheduled Services described in this Contract. If an invoice is not paid on the due date, interest will be added to the current balance. These amounts shall be payable, and the Customer shall pay all overdue amounts at the lesser of [SPECIFY] per cent per annum or the maximum percentage permitted by applicable law. Or Customer will pay Contractor as follows: [SPECIFY]. DELIVERY OF SERVICES The Contractor will exercise due diligence in the provision of services. However, the Customer acknowledges that the indicated delivery times and other payment milestones listed in Scope of Work are estimates and do not constitute final delivery dates. SECURITY The Contractor must make reasonable security arrangement to protect Material from unauthorized access, collection, use, alteration or disposal. OWNERSHIP RIGHT The Customer shall hold the copyright for the agreed version of the Services as delivered, and the Customer's copyright notice may be displayed in the final version. All works, ideas, discoveries, inventions, patents, products or other information that may be protected by copyright (collectively, the \"Work Product\" developed in whole or in part by the Contractor in connection with the Services, shall be the exclusive property of the Customer. Upon request, the Contractor shall execute all documents necessary to confirm or perfect the exclusive ownership of the Customer's \"Work Product\". The Contractor retains exclusive rights to pre-existing materials used in the Customer's projects. The Customer shall not have the right to reuse, resell or otherwise transfer material belonging to the contractor or third parties. The Contractor reserves the right to use the finished public product as an example of a product. RETURN OF PROPERTY Upon the expiry or termination of this Agreement, the Contractor will return to the Customer any property, documentation, records or Confidential Information which is the property of the Customer. COMPENSATION For all services rendered by the Contractor under this Agreement, the Customer shall indemnify the Contractor. In the event that the Customer fails to make any of the payments mentioned, the Contractor shall have the right, but shall not be obliged, to exercise any of the following remedies: ","Service Agreement","https://templates.business-in-a-box.com/imgs/1000px/service-agreement-D12711.png","https://templates.business-in-a-box.com/imgs/250px/12711.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12711.xml",{"title":154,"description":6},"service agreement",[156,157],{"label":32,"url":113},{"label":32,"url":113},"/template/service-agreement-D12711",{"description":160,"descriptionCustom":6,"label":161,"pages":162,"size":163,"extension":10,"preview":164,"thumb":165,"svgFrame":166,"seoMetadata":167,"parents":168,"keywords":174,"url":175},"COMMISSION SALES AGREEMENT This Commission Sales Agreement (\"Agreement\") is made and effective this [Date], BETWEEN: [COMMISSION AGENT NAME] (the \"Agent\"), an individual with his main address at: [COMPLETE ADDRESS] AND: [PRINCIPAL NAME] (the \"Principal\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] Whereas the Principal wishes to market the product(s) described in Schedule A (the \"Product(s)\"); whereas Agent is prepared to sell the Product(s) on behalf of the Principal in return for a commission; It is agreed as follows: SELLING RIGHTS The Principal grants the Agent an exclusive right to sell the Product(s) on behalf of the Principal within the territory described in Schedule B for a period of [PERIOD] commencing [DATE] (the \"Selling Rights\"). The Agent may not sell or attempt to sell the Product(s) outside of the territory described in Schedule B. The Agent shall use his best efforts to sell the Product(s) for the duration of the Selling Rights. At the request from time to time of the Principal, the Agent shall furnish the Principal with a reasonably detailed, written report on his efforts to sell the Product(s) in the period specified by the Principal. The Agent shall clearly identify himself as a duly authorized sales agent of the Principal in the course of his efforts to sell the Product(s) on behalf of the Principal and may not sell the Product(s) in his own name. PRODUCT PRICES The Principal shall fix the selling price(s) of the Product(s) and the Agent may only sell the Product(s) at the selling price(s) fixed by the Principal. ORDERS The Agent shall obtain written orders for the Product(s) from buyers, signed by or on behalf of the buyers, and remit the orders to the Principal. The Principal shall use its best efforts to fill orders duly remitted by the Agent in accordance with this agreement as expeditiously as possible. COMMISSION The Principal shall pay the Agent a commission of [NUMBER]% of the selling price, exclusive of any sales taxes, of each order or part of each order of Product(s) duly remitted by the Agent in accordance with this agreement which is paid for in full, inclusive of any sales taxes, and which is not subsequently returned for a refund. The Principal may accept the return of Product(s) for a refund or partial refund in its sole discretion. The Agent is not entitled to any compensation for services performed or expenses incurred in connection with this agreement other than as set out in this agreement. TRAINING At the request of the Agent, the Principal shall train the Agent in the proper use of the Product(s). ","Commission Sales Agreement","4",47,"https://templates.business-in-a-box.com/imgs/1000px/commission-sales-agreement-D532.png","https://templates.business-in-a-box.com/imgs/250px/532.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#532.xml",{"title":6,"description":6},[169,170,173],{"label":97,"url":98},{"label":171,"url":172},"Hire an Employee","hire-employee",{"label":32,"url":113},"commission sales agreement","/template/commission-sales-agreement-D532",false,{"seo":178,"reviewer":190,"legal_disclaimer":194,"quick_facts":195,"at_a_glance":197,"personas":201,"variants":226,"glossary":252,"clauses":286,"how_to_fill":331,"common_mistakes":372,"faqs":397,"industries":428,"comparisons":444,"diy_vs_lawyer":457,"jurisdictions":470,"related_template_ids_curated":491,"schema":500,"classification":501},{"meta_title":179,"meta_description":180,"primary_keyword":181,"secondary_keywords":182},"Exclusive Buyer Agency Agreement Template | Free Word Download","Free exclusive buyer agency agreement template for real estate transactions. Covers agent duties, exclusivity, compensation, and termination.","exclusive buyer agency agreement template",[183,184,185,186,187,188,189],"buyer agency agreement template","exclusive buyer representation agreement","buyer broker agreement template","real estate buyer agency agreement","buyer agent contract template","exclusive buyer agreement template free","buyer representation agreement word",{"name":191,"credential":192,"reviewed_date":193},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":196,"legal_review_recommended":194,"signature_required":194,"notarization_required":176},"medium",{"what_it_is":198,"when_you_need_it":199,"whats_inside":200},"An Exclusive Buyer Agency Agreement is a legally binding contract between a prospective real estate buyer and a licensed real estate agent or broker that grants the agent exclusive rights to represent the buyer in the purchase of a property. This free Word download gives you a professionally structured template you can edit online and export as PDF — covering agent duties, exclusivity scope, compensation, property criteria, and termination in a single document.\n","Use it before a buyer's agent begins actively searching for, showing, or negotiating properties on a buyer's behalf. It formalizes the working relationship, defines the agent's fiduciary duties, and ensures the agent is compensated for their time and effort regardless of which party ultimately pays the commission.\n","Parties and agent credentials, exclusivity clause and term, property search criteria, agent duties and fiduciary obligations, buyer obligations, compensation and commission structure, dual agency disclosure, dispute resolution, and termination conditions.\n",[202,206,210,214,218,222],{"title":203,"use_case":204,"icon_asset_id":205},"First-time homebuyers","Formalizing representation before touring properties and making offers","persona-homebuyer",{"title":207,"use_case":208,"icon_asset_id":209},"Real estate agents and brokers","Securing exclusivity and commission rights before investing time in buyer searches","persona-real-estate-agent",{"title":211,"use_case":212,"icon_asset_id":213},"Commercial property investors","Engaging a buyer's agent to source and negotiate acquisition of investment properties","persona-investor",{"title":215,"use_case":216,"icon_asset_id":217},"Relocation buyers","Appointing a local agent to represent them in an unfamiliar market","persona-small-business-owner",{"title":219,"use_case":220,"icon_asset_id":221},"Real estate brokerages","Standardizing buyer representation agreements across all agents in the firm","persona-agency",{"title":223,"use_case":224,"icon_asset_id":225},"Corporate real estate teams","Retaining an exclusive buyer's agent for a multi-property acquisition program","persona-operations-director",[227,231,234,238,242,245,248],{"situation":228,"recommended_template":229,"slug":230},"Buyer wants representation without exclusivity","Non-Exclusive Buyer Agency Agreement","exclusive-buyer-agency-agreement-D12824",{"situation":232,"recommended_template":233,"slug":230},"Purchasing commercial real estate for business use","Commercial Buyer Agency Agreement",{"situation":235,"recommended_template":236,"slug":237},"Agent representing both buyer and seller in the same transaction","Dual Agency Disclosure and Consent Agreement","advertising-agency-agreement-D1223",{"situation":239,"recommended_template":240,"slug":241},"Buyer engaging a broker for a referral-only arrangement","Buyer Referral Agreement","sales-representative-agreement-D556",{"situation":243,"recommended_template":88,"slug":244},"Seller engaging an agent to list and market a property","exclusive-listing-agreement-D13268",{"situation":246,"recommended_template":105,"slug":247},"Buyer and seller finalizing property purchase terms","real-estate-purchase-agreement-D13234",{"situation":249,"recommended_template":250,"slug":251},"Agent earning a referral fee for introducing a buyer to another agent","Real Estate Referral Agreement","real-estate-commission-agreement-D13759",[253,256,259,262,265,268,271,274,277,280,283],{"term":254,"definition":255},"Exclusive Buyer Agency","A contractual arrangement granting a single agent or brokerage the sole right to represent a buyer in property transactions for a defined period and geography.",{"term":257,"definition":258},"Fiduciary Duty","A legal obligation requiring the agent to act in the buyer's best interests, including duties of loyalty, confidentiality, disclosure, obedience, and reasonable care.",{"term":260,"definition":261},"Commission","The fee paid to the buyer's agent, typically expressed as a percentage of the purchase price or a flat fee, earned upon the successful closing of a transaction.",{"term":263,"definition":264},"Dual Agency","A situation where a single agent or brokerage represents both the buyer and the seller in the same transaction — permitted in some jurisdictions with written consent, prohibited in others.",{"term":266,"definition":267},"Exclusivity Clause","The contractual provision that prevents the buyer from working with any other agent or broker during the agreement's term and obligates the buyer to pay the agent's commission regardless of who finds the property.",{"term":269,"definition":270},"Showing","An agent-facilitated visit by the buyer to a listed or unlisted property under consideration for purchase.",{"term":272,"definition":273},"Procuring Cause","The legal standard used to determine which agent is entitled to a commission by establishing who initiated the chain of events leading to a completed sale.",{"term":275,"definition":276},"Cooperating Broker","A broker who brings a ready, willing, and able buyer to a transaction listed by a different brokerage and shares the commission as agreed in the MLS or a separate co-brokerage agreement.",{"term":278,"definition":279},"Property Search Criteria","The defined parameters — location, price range, property type, size, and features — used to guide the agent's search and bound the exclusivity clause.",{"term":281,"definition":282},"Earnest Money","A deposit made by the buyer at the time of offer to demonstrate good faith; typically applied to the purchase price at closing or forfeited if the buyer defaults.",{"term":284,"definition":285},"MLS (Multiple Listing Service)","A shared database of property listings maintained by real estate brokerages that allows cooperating agents to find and show properties listed by other brokers.",[287,292,297,301,306,311,316,321,326],{"name":288,"plain_english":289,"sample_language":290,"common_mistake":291},"Parties and Agent Credentials","Identifies the buyer and the agent or brokerage by legal name, license number, and contact details, establishing who is bound by the agreement.","This Exclusive Buyer Agency Agreement ('Agreement') is entered into on [DATE] between [BUYER FULL NAME] ('Buyer') and [AGENT FULL NAME], License No. [LICENSE NUMBER], affiliated with [BROKERAGE NAME] ('Agent').","Naming the individual agent instead of — or in addition to — the licensed brokerage. In most jurisdictions the brokerage holds the license, and an agreement naming only the agent may be unenforceable if the agent changes firms mid-term.",{"name":293,"plain_english":294,"sample_language":295,"common_mistake":296},"Exclusivity and Term","Grants the agent the sole and exclusive right to represent the buyer for a defined period and specifies the start and end dates of that exclusivity.","Buyer grants Agent the exclusive right to locate and negotiate the purchase of property on Buyer's behalf from [START DATE] through [END DATE] ('Term'). Buyer agrees not to engage any other agent or broker during the Term.","Setting the term longer than 90 days without an early-termination clause. A buyer whose needs change or who is dissatisfied with service has no exit, creating disputes and potential litigation.",{"name":278,"plain_english":298,"sample_language":299,"common_mistake":300},"Defines the geographic area, property type, price range, size, and features that bound the agent's search obligations and the scope of the exclusivity clause.","Agent shall search for residential properties in [CITY / COUNTY / MLS AREA], priced between $[MINIMUM] and $[MAXIMUM], with a minimum of [X] bedrooms and [X] bathrooms, of type [SINGLE FAMILY / CONDO / MULTI-FAMILY].","Using overly broad criteria — for example, 'any property in the state' — that makes it impossible to determine when a buyer's self-found property falls inside or outside the exclusivity scope.",{"name":302,"plain_english":303,"sample_language":304,"common_mistake":305},"Agent Duties and Fiduciary Obligations","Enumerates the agent's obligations to the buyer — including loyalty, confidentiality, full disclosure, due diligence, and the duty to negotiate in the buyer's best interest.","Agent shall: (a) act in Buyer's best interests at all times; (b) disclose all material facts known to Agent that may affect Buyer's decision; (c) maintain confidentiality of Buyer's financial information and negotiating position; (d) conduct due diligence on properties presented to Buyer.","Omitting a confidentiality obligation. Without it, there is no contractual basis to prevent the agent from disclosing the buyer's maximum budget or motivation to a listing agent — directly harming the buyer's negotiating position.",{"name":307,"plain_english":308,"sample_language":309,"common_mistake":310},"Buyer Obligations","States what the buyer must do: work exclusively through the agent, provide accurate financial information, and notify the agent promptly of any property they encounter independently.","Buyer agrees to: (a) work exclusively with Agent during the Term; (b) promptly notify Agent of any property Buyer becomes aware of through any source; (c) provide accurate information regarding Buyer's financial qualification and purchase timeline.","Failing to include the notification obligation for self-discovered properties. Without it, a buyer who finds a FSBO listing and attempts to transact directly faces a commission dispute with no contractual clarity on who is owed what.",{"name":312,"plain_english":313,"sample_language":314,"common_mistake":315},"Compensation and Commission","Specifies the agent's commission amount or percentage, who is expected to pay it (seller, buyer, or both), and when the commission is earned and payable.","Agent's compensation shall be [X]% of the final purchase price ('Commission'). Commission is earned upon the closing of a transaction for any property identified during the Term. If the seller's listing broker does not offer a cooperating commission of at least [X]%, Buyer agrees to pay the shortfall directly.","Not addressing the scenario where the seller's listing broker offers a cooperating commission below the agreed rate — leaving the agent under-compensated and creating a dispute at closing.",{"name":317,"plain_english":318,"sample_language":319,"common_mistake":320},"Dual Agency Disclosure and Consent","Discloses the possibility that the agent's brokerage may also represent the seller in a transaction and obtains the buyer's informed written consent to that arrangement if it arises.","Buyer acknowledges that Agent's brokerage may represent the seller of a property Buyer wishes to purchase. In the event of such dual agency, Buyer [consents to / does not consent to] dual representation and understands that Agent's duties to Buyer will be limited as described in the attached Dual Agency Disclosure.","Obtaining a blanket consent at signing without explaining the practical limitations of dual agency — courts have found such consents insufficient when the buyer later claims the agent failed to protect their interests in a dual-agency transaction.",{"name":322,"plain_english":323,"sample_language":324,"common_mistake":325},"Termination and Early Exit","Sets the conditions under which either party may terminate the agreement before the end date, the required notice period, and whether the commission obligation survives termination.","Either party may terminate this Agreement upon [X] days' written notice. If Buyer purchases a property identified by Agent during the Term within [X] months following termination, Buyer remains obligated to pay Agent's Commission.","No tail provision after termination. Without a post-termination commission tail, a buyer can terminate the day before closing on a property the agent found and sourced, avoiding the commission entirely.",{"name":327,"plain_english":328,"sample_language":329,"common_mistake":330},"Dispute Resolution and Governing Law","Specifies which jurisdiction's law governs the agreement and the mechanism — mediation, arbitration, or litigation — for resolving disputes between buyer and agent.","This Agreement is governed by the laws of [STATE / PROVINCE]. Any dispute arising hereunder shall first be submitted to non-binding mediation through [ASSOCIATION / MEDIATOR]. If mediation fails, disputes shall be resolved by binding arbitration in [CITY], administered by [AAA / JAMS / LOCAL ASSOCIATION].","Omitting a mandatory mediation step before arbitration. Real estate disputes are expensive to arbitrate — a mediation requirement resolves the majority of commission disputes in hours rather than months.",[332,337,342,347,352,357,362,367],{"step":333,"title":334,"description":335,"tip":336},1,"Identify all parties with full legal names and license numbers","Enter the buyer's full legal name as it will appear on any purchase offer, and the agent's full name, license number, and brokerage's registered name. Confirm the brokerage's legal entity name matches its license registration.","Ask the brokerage for its registered legal entity name from the state or provincial real estate commission — trade names often differ from the licensed entity.",{"step":338,"title":339,"description":340,"tip":341},2,"Set the term and exclusivity period","Enter a specific start and end date. A 60–90 day initial term is standard for most residential searches. Include an early-termination clause allowing either party to exit with written notice of 7–14 days.","Avoid open-ended terms or auto-renewal clauses without a cap — they create the impression of a perpetual obligation and can make the agreement unenforceable in some jurisdictions.",{"step":343,"title":344,"description":345,"tip":346},3,"Define the property search criteria precisely","Enter the geographic area (by city, county, or MLS zone), price range with a hard maximum, property type, and minimum size or bedroom count. Narrow criteria protects both parties from scope disputes.","If the buyer is open to multiple property types, list each one explicitly rather than writing 'any residential property' — vague criteria make exclusivity disputes harder to resolve.",{"step":348,"title":349,"description":350,"tip":351},4,"Complete the agent duties section","Confirm all six standard fiduciary duties are listed: loyalty, confidentiality, disclosure, obedience, reasonable care, and accounting. Add any jurisdiction-specific statutory duties required by the applicable real estate commission.","Some US states and Canadian provinces require a specific statutory form that lists fiduciary duties verbatim — use the template as a supplement to, not a replacement for, that required form.",{"step":353,"title":354,"description":355,"tip":356},5,"Specify the commission rate and payment waterfall","Enter the commission percentage or flat fee, specify what happens if the cooperating commission from the seller's side falls short, and confirm whether the buyer is responsible for any gap. State the exact closing event that triggers payment.","Since the NAR settlement (effective August 2024), sellers are no longer required to offer buyer-agent compensation through MLS — address this directly by specifying the buyer's obligation to pay if no seller-side commission is offered.",{"step":358,"title":359,"description":360,"tip":361},6,"Address dual agency with informed written consent","Complete the dual agency section with the buyer's specific consent or refusal. Attach the jurisdiction-required dual agency disclosure form and have the buyer acknowledge it separately.","Some states — including Florida and Colorado — have moved to 'transaction broker' status rather than dual agency. Use the correct terminology for the applicable jurisdiction.",{"step":363,"title":364,"description":365,"tip":366},7,"Insert the termination tail period","Set a post-termination commission period — typically 30–90 days — during which a commission is still owed if the buyer closes on a property the agent identified during the term.","Keep a written log of every property shown or introduced during the term, with dates and addresses, to support any commission claim during the tail period.",{"step":368,"title":369,"description":370,"tip":371},8,"Execute before any property showings begin","Both parties must sign before the agent shows any property. Post-showing signatures raise enforceability questions and, in some US states, render the exclusivity clause void.","Use a timestamped e-signature platform so the execution date is independently verifiable — particularly important for the tail-period calculation if a dispute arises later.",[373,377,381,385,389,393],{"mistake":374,"why_it_matters":375,"fix":376},"Executing the agreement after showings have already begun","In several US states, an exclusivity or commission clause signed after the agent has already shown property may be unenforceable for lack of consideration — the buyer gave nothing new in exchange for the obligation.","Sign the agreement before visiting any property, including open houses attended with the agent. Use a timestamped e-signature to document the pre-showing execution date.",{"mistake":378,"why_it_matters":379,"fix":380},"Omitting a post-termination commission tail","Without a tail clause, a buyer can terminate the agreement the day before closing on a property the agent identified and negotiated, eliminating the commission entirely and leaving the agent uncompensated for months of work.","Include a 30–90 day tail period with a written list of all properties identified during the term, maintained by the agent and acknowledged by the buyer at signing.",{"mistake":382,"why_it_matters":383,"fix":384},"Failing to address the buyer-paid commission gap after the NAR settlement","Since August 2024, MLS rules in the US no longer permit blanket offers of buyer-agent compensation from the seller's side — buyers may now owe their agent directly if the seller does not offer a matching commission.","Add explicit language stating that if the seller's cooperating commission is less than the agreed rate, the buyer is responsible for the shortfall, and confirm the buyer has reviewed and understands this obligation.",{"mistake":386,"why_it_matters":387,"fix":388},"Using vague geographic or property criteria","A buyer who discovers a property independently and argues it falls outside the agreement's scope will prevail if the criteria are broad enough to support multiple interpretations, voiding the exclusivity clause.","Define the search area by MLS zone or county, state a hard price ceiling, and list specific property types — single-family, condo, and multi-family should each be listed separately if all are in scope.",{"mistake":390,"why_it_matters":391,"fix":392},"Omitting dual agency disclosure before obtaining consent","Blanket consent to dual agency without a substantive explanation of its limitations has been found insufficient by courts and real estate commissions — exposing the agent to license sanctions and commission forfeiture.","Attach the jurisdiction-required dual agency disclosure form, have the buyer sign it separately, and explain in plain language that the agent cannot fully advocate for the buyer's price position in a dual-agency situation.",{"mistake":394,"why_it_matters":395,"fix":396},"Naming only the individual agent rather than the licensed brokerage","In most US states and Canadian provinces, the real estate license is held by the brokerage, not the individual agent — an agreement naming only the agent may be void or unenforceable, and commission claims unsupported.","Name both the individual agent and the brokerage as parties, confirm the brokerage's registered legal entity name, and have an authorized brokerage representative co-sign the agreement.",[398,401,404,407,410,413,416,419,422,425],{"question":399,"answer":400},"What is an exclusive buyer agency agreement?","An exclusive buyer agency agreement is a legally binding contract between a prospective property buyer and a licensed real estate agent or brokerage that grants the agent the sole right to represent the buyer in purchasing real estate for a defined period. It formalizes the agent's fiduciary duties, establishes the commission structure, and prevents the buyer from working with other agents during the term. Both parties benefit — the agent is assured compensation for their time, and the buyer receives committed, focused representation.\n",{"question":402,"answer":403},"Is a buyer agency agreement legally required?","Requirements vary by jurisdiction. As of August 2024, the NAR settlement requires US buyers to sign a written buyer representation agreement before an agent can show them a property listed on an MLS. Several US states — including Texas, North Carolina, and Maryland — had already mandated written buyer agency agreements by statute. In Canada, most provincial real estate regulators require a written service agreement before representation begins. The UK and EU do not have a universal mandate but standard practice strongly favors a signed terms-of-business letter.\n",{"question":405,"answer":406},"What is the difference between an exclusive and a non-exclusive buyer agency agreement?","An exclusive agreement binds the buyer to one agent for the full term — the agent earns a commission on any property the buyer purchases during that period, whether or not the agent found it. A non-exclusive agreement allows the buyer to work with multiple agents simultaneously and typically requires a commission only if that specific agent procures the property. Exclusive agreements give agents a stronger incentive to invest time and resources in the search; non-exclusive agreements offer buyers more flexibility but less dedicated service.\n",{"question":408,"answer":409},"Who pays the buyer's agent commission?","Historically, the seller paid both the listing and buyer-agent commission from sale proceeds. Following the August 2024 NAR settlement in the US, sellers are no longer required to offer buyer-agent compensation through MLS. Compensation is now negotiated directly between buyer and agent and documented in the buyer agency agreement. In practice, many sellers still offer to cover buyer-agent fees as an incentive, but buyers should be prepared to pay their agent directly — or negotiate seller coverage as a concession in their offer.\n",{"question":411,"answer":412},"How long should a buyer agency agreement last?","A 60–90 day initial term is standard for most residential searches in active markets. Complex searches — commercial acquisitions, relocation buyers, or slow inventory markets — may warrant 120–180 days. Avoid open-ended agreements; a defined end date with an early-termination clause protects both parties. Most agreements also include a 30–90 day post-termination tail during which a commission is still owed if the buyer closes on a property the agent identified during the term.\n",{"question":414,"answer":415},"Can I cancel an exclusive buyer agency agreement?","You can cancel if the agreement includes an early-termination clause — most professionally drafted agreements do. Termination typically requires written notice of 7–14 days and may still trigger a commission obligation if you purchase a property introduced by the agent during the tail period. Without an early-termination clause, you may be bound for the full term. If a dispute arises, many agreements require mediation before either party can pursue other remedies.\n",{"question":417,"answer":418},"What is a commission tail clause in a buyer agency agreement?","A commission tail — sometimes called a protection period — is a clause that preserves the agent's right to a commission for a defined period after the agreement ends or is terminated. If the buyer closes on a property the agent identified or showed during the agreement's term, the agent earns their commission even if the agreement has since expired. A typical tail runs 30–90 days and requires the agent to provide a written list of identified properties at or before termination to establish the scope of the protection.\n",{"question":420,"answer":421},"What happens if I find a property myself while under an exclusive buyer agency agreement?","Under most exclusive agreements, the buyer is obligated to notify the agent promptly of any property discovered independently, including FSBO listings, properties found online, or open-house visits made without the agent. If the buyer proceeds to purchase the property without involving the agent, the exclusivity clause typically still entitles the agent to their commission. To avoid disputes, buyers should route all property inquiries through their agent for the full agreement term.\n",{"question":423,"answer":424},"Does a buyer agency agreement need to be notarized?","Notarization is generally not required for a buyer agency agreement in the US, Canada, or the UK. The agreement becomes binding upon the valid signatures of both parties with the exchange of consideration — typically the agent's promise to search and the buyer's promise of exclusivity and compensation. Some commercial or high-value transactions may benefit from notarization for additional evidentiary weight, but it is not a standard requirement.\n",{"question":426,"answer":427},"Do I need a lawyer to review a buyer agency agreement?","For a standard residential buyer agency agreement, a licensed real estate agent or agent's designated brokerage typically handles preparation, and legal review is not required. Consider consulting a real estate lawyer when the transaction involves commercial property, the buyer is a corporate entity or trust, the commission structure is non-standard, or the agreement contains unusual exclusivity or penalty provisions. A 1-hour legal review typically costs $200–$400 and is worth the cost for purchases above $1M or for cross-border acquisitions.\n",[429,433,437,440],{"industry":430,"icon_asset_id":431,"specifics":432},"Residential Real Estate","industry-real-estate","Standard 60–90 day terms covering single-family homes and condos, with commission rates now negotiated directly following the 2024 NAR settlement.",{"industry":434,"icon_asset_id":435,"specifics":436},"Commercial Real Estate","industry-commercial-real-estate","Longer terms of 6–12 months, flat-fee or tiered commission structures, and exclusivity scoped to specific asset classes such as office, retail, or industrial.",{"industry":438,"icon_asset_id":431,"specifics":439},"Property Investment and Development","Multi-property acquisition programs requiring the agent to source off-market deals, with commission tied to each individual closing rather than a single transaction.",{"industry":441,"icon_asset_id":442,"specifics":443},"Corporate Relocation","industry-professional-services","Agreements coordinated between the buyer, the employer's relocation management company, and the local buyer's agent, with commission split or reimbursement arrangements specified.",[445,448,451,454],{"vs":229,"vs_template_id":446,"summary":447},"D{NON_EXCLUSIVE_BUYER_AGENCY_ID}","A non-exclusive agreement allows the buyer to engage multiple agents simultaneously and typically requires a commission only from the agent who actually procures the property. An exclusive agreement binds both parties for a set term — the agent earns a commission on any purchase made during that period. Exclusive agreements produce more committed agent effort; non-exclusive agreements preserve buyer flexibility at the cost of diluted agent incentive.",{"vs":88,"vs_template_id":449,"summary":450},"exclusive-listing-agreement-D7073","An exclusive listing agreement is signed by a property seller, granting an agent the sole right to market and sell the property. An exclusive buyer agency agreement is signed by the buyer, granting an agent the sole right to represent them in purchasing. One governs the seller side of a transaction; the other governs the buyer side. In a standard MLS transaction, both agreements may exist simultaneously for the same property.",{"vs":105,"vs_template_id":452,"summary":453},"real-estate-purchase-agreement-D12673","A buyer agency agreement governs the relationship between the buyer and their agent — duties, exclusivity, and compensation. A purchase agreement governs the transaction between the buyer and the seller — price, contingencies, closing date, and title transfer. The agency agreement is signed first to establish representation; the purchase agreement is signed later when an offer is made on a specific property.",{"vs":120,"vs_template_id":455,"summary":456},"independent-contractor-agreement-D160","An independent contractor agreement defines a service relationship between a business and a self-employed individual, typically for project-based work with no agency or fiduciary component. A buyer agency agreement creates fiduciary duties — loyalty, confidentiality, and full disclosure — that do not exist in a standard contractor arrangement. Using a generic contractor agreement for real estate representation fails to satisfy the statutory and regulatory requirements that govern licensed agents.",{"use_template":458,"template_plus_review":462,"custom_drafted":466},{"best_for":459,"cost":460,"time":461},"Standard residential buyer representation with a licensed agent in a single state or province","Free","15–20 minutes",{"best_for":463,"cost":464,"time":465},"Commercial acquisitions, corporate buyer entities, non-standard commission arrangements, or cross-state transactions","$200–$400 for a 1-hour real estate lawyer review","1–2 days",{"best_for":467,"cost":468,"time":469},"Multi-property acquisition programs, institutional buyers, cross-border purchases, or agreements with complex exclusivity or penalty provisions","$800–$2,500+","3–7 days",[471,476,481,486],{"code":472,"name":473,"flag_asset_id":474,"note":475},"us","United States","flag-us","Following the August 2024 NAR settlement, buyers must sign a written buyer representation agreement before an agent can show MLS-listed properties. Commission structures are now fully negotiated — sellers are no longer required to offer buyer-agent compensation through the MLS. Several states including Texas (TREC Form BRA), North Carolina, and Maryland have mandatory statutory forms that must be used instead of or alongside a custom agreement. Non-exclusive and exclusive structures are both permitted; state real estate commission rules govern fiduciary duty language.",{"code":477,"name":478,"flag_asset_id":479,"note":480},"ca","Canada","flag-ca","Each province regulates buyer representation separately. Ontario requires a Buyer Representation Agreement (BRA) on the OREA standard form before the agent can submit an offer. British Columbia uses a Buyer Agency Agreement under BCREA guidelines with a designated agency model. Quebec requires a brokerage contract for purchase (contrat de courtage à l'achat) in French for provincially-regulated transactions. Agents in Canada owe statutory fiduciary duties that cannot be contracted away, and commission arrangements must be disclosed in writing.",{"code":482,"name":483,"flag_asset_id":484,"note":485},"uk","United Kingdom","flag-uk","Buyer's agents — sometimes called property finders or buying agents — are less common in the UK than in North America but are regulated under the Estate Agents Act 1979 and, for consumer clients, the Consumer Protection from Unfair Trading Regulations 2008. There is no MLS equivalent; buyer's agents typically charge the buyer directly, either as a retainer plus success fee or a percentage of the purchase price (commonly 1–2.5%). Written terms of engagement are best practice and required under the Consumer Contracts Regulations 2013 for off-premises agreements.",{"code":487,"name":488,"flag_asset_id":489,"note":490},"eu","European Union","flag-eu","Buyer agency representation is less formalized across the EU than in North America, and practice varies significantly by member state. In Germany, France, and Spain, agents may represent both buyer and seller (dual agency) and commission structures differ — German buyers often pay a buyer's commission (Käuferprovision) of 3–3.57% directly. GDPR obligations apply to any personal data collected about the buyer during the search process and must be addressed in the agreement or a separate privacy notice. Written representation agreements are not universally mandated but are strongly recommended for cross-border acquisitions.",[244,247,455,492,493,494,495,495,496,497,498,499],"non-disclosure-agreement-nda-D12692","service-agreement-D12711","commission-sales-agreement-D532","offer-to-purchase-real-estate-property-D1190","property-management-agreement-D1196","exclusive-lease-agreement-D12808","joint-venture-agreement-D889","referral-agreement-D13279",{"emit_how_to":194,"emit_defined_term":194},{"primary_folder":113,"secondary_folder":502,"document_type":503,"industry":504,"business_stage":505,"tags":506,"confidence":510},"real-estate-and-leases","agreement","real-estate","all-stages",[504,507,508,509],"legal","buyer-agency","exclusive-representation",0.95,"\u003Ch2>What is an Exclusive Buyer Agency Agreement?\u003C/h2>\n\u003Cp>An \u003Cstrong>Exclusive Buyer Agency Agreement\u003C/strong> is a legally binding contract between a prospective property buyer and a licensed real estate agent or brokerage that grants the agent the sole and exclusive right to represent the buyer in locating and purchasing real estate for a defined period. It creates formal fiduciary duties — loyalty, confidentiality, full disclosure, and reasonable care — that govern every step of the agent's work on the buyer's behalf, from property search through offer negotiation and closing. Unlike an informal handshake arrangement or a non-exclusive understanding, this agreement commits both parties: the agent invests time and resources in the search knowing they will be compensated, and the buyer receives dedicated, undivided representation knowing the agent is legally obligated to put their interests first.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a written exclusive buyer agency agreement, both the buyer and the agent operate without defined rights or obligations — and disputes about commission, confidentiality, and procuring cause become credibility contests rather than contract interpretation. Buyers who skip a formal agreement have no enforceable guarantee that their financial information and negotiating position will be kept confidential, no clear basis to hold an agent accountable for inadequate service, and no agreed process for resolving disagreements without litigation. For agents, working without a signed agreement risks performing months of property searches, showings, and negotiations only to have the buyer purchase directly through a FSBO listing or switch to another agent at the final hour with no commission entitlement. In the post-NAR-settlement landscape in the US, a signed buyer representation agreement is now required before showing MLS-listed properties — making this document a regulatory necessity as well as a professional one. This template gives both parties a clear, fair, and enforceable starting point that protects the relationship from the first showing to the closing table.\u003C/p>\n",1779480618868]