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The Buyer Agent Exclusive Agreement is a fundamental document in Canadian real estate transactions that formalizes the professional relationship between a property buyer and their chosen real estate agent. This agreement is typically used when a buyer is serious about engaging a specific agent's services for property acquisition and wants to establish a committed, exclusive relationship. The document includes essential details about the scope of the agent's services, commission structures, the duration of the exclusive relationship, and both parties' obligations. It provides legal protection for both the buyer and the agent while ensuring compliance with provincial real estate regulations and professional standards. The agreement is particularly important in competitive real estate markets where having dedicated representation can be crucial for successful property acquisition. It helps prevent misunderstandings about the nature of the relationship and ensures that both parties are clear about their rights, responsibilities, and the terms of their professional engagement.

1. Parties: Identifies the buyer(s) and the real estate brokerage/agent, including full legal names and contact information

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

3. Definitions: Defines key terms used throughout the agreement, including 'Property Requirements', 'Commission', 'Exclusive Period', and other relevant terms

4. Appointment and Authority: Formally establishes the exclusive agency relationship and outlines the agent's authority to act on behalf of the buyer

5. Term of Agreement: Specifies the start and end dates of the exclusive agreement

6. Agent's Obligations: Details the services and duties the agent will provide, including property search, negotiations, and professional advice

7. Buyer's Obligations: Outlines the buyer's commitments, including working exclusively with the agent and providing accurate information

8. Commission Structure: Specifies the commission rate, payment terms, and circumstances under which commission becomes payable

9. Property Requirements: Describes the type, location, and price range of properties the buyer is interested in

10. Termination: Explains how and under what circumstances the agreement can be terminated by either party

11. Confidentiality: Addresses the handling of confidential information shared during the agency relationship

12. Dispute Resolution: Outlines the process for resolving any disputes between the parties

13. General Provisions: Includes standard contract clauses such as entire agreement, amendments, and governing law