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The Buyer Broker Commission Agreement is a crucial document in UAE real estate transactions that formalizes the relationship between a property buyer and their chosen broker. It is commonly used when individuals or companies seek professional assistance in identifying and acquiring property in the UAE market. The agreement details the broker's commission structure, ensuring compliance with regulatory caps (particularly in Dubai and Abu Dhabi), outlines the scope of services, and establishes the terms of the working relationship. This document is essential for protecting both parties' interests and ensuring clarity in commission obligations, especially given the significant property values in the UAE market. It needs to comply with various UAE federal laws and emirate-specific regulations, including RERA guidelines in Dubai and DMAT regulations in Abu Dhabi.

1. Parties: Identifies the broker and the buyer client, including full legal names, licenses, and contact details

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

3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Commission', 'Transaction', and 'Exclusive Period' if applicable

4. Appointment and Scope: Details the appointment of the broker and specifies the scope of services to be provided

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

6. Commission Structure: Details the commission rate, calculation method, and compliance with UAE regulatory limits

7. Payment Terms: Specifies when and how commission payments will be made, including any deposit requirements

8. Broker's Obligations: Lists the broker's duties, responsibilities, and service commitments

9. Client's Obligations: Outlines the buyer's responsibilities, including information provision and cooperation

10. Representations and Warranties: Contains statements of fact and promises made by both parties

11. Termination: Specifies conditions under which the agreement can be terminated by either party

12. Governing Law and Jurisdiction: Confirms UAE law as governing law and specifies jurisdiction for dispute resolution

13. General Provisions: Includes standard legal provisions such as notices, amendments, and severability