Ƶ

Commercial Broker Fee Agreement for Canada

Commercial Broker Fee Agreement Template for Canada

A comprehensive legal agreement governed by Canadian law that establishes the terms and conditions under which a commercial broker provides services to a client and receives compensation. The document outlines the scope of brokerage services, fee structures, payment terms, and mutual obligations of the parties involved. It incorporates relevant provincial and federal regulations governing commercial brokerage relationships, including compliance with the Real Estate and Business Brokers Act and applicable financial services regulations. The agreement serves as a binding contract that protects both the broker's and client's interests while ensuring transparency in commercial transactions.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Commercial Broker Fee Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Commercial Broker Fee Agreement?

The Commercial Broker Fee Agreement is a vital document used when engaging professional brokerage services for commercial transactions in Canada. This agreement is essential when a business or individual requires the services of a commercial broker for activities such as property transactions, business sales, or other commercial dealings. The document establishes the professional relationship between the broker and client, detailing service scope, compensation structures, and compliance requirements with Canadian federal and provincial regulations. It provides legal protection for both parties by clearly defining rights, responsibilities, and fee arrangements. The agreement should be customized based on the specific province's requirements and the nature of the brokerage services being provided.

What sections should be included in a Commercial Broker Fee Agreement?

1. Parties: Identifies and provides full legal details of the broker and the client

2. Background: Outlines the context of the agreement and the parties' intentions

3. Definitions: Defines key terms used throughout the agreement

4. Scope of Services: Details the specific services to be provided by the broker

5. Broker's Obligations: Lists the responsibilities and duties of the broker

6. Client's Obligations: Outlines the responsibilities and duties of the client

7. Fee Structure: Details the broker's fees, including calculation methods and payment terms

8. Payment Terms: Specifies when and how payments are to be made

9. Term and Termination: Defines the duration of the agreement and termination conditions

10. Confidentiality: Addresses the handling of confidential information

11. Representations and Warranties: States the parties' assurances and guarantees

12. Indemnification: Outlines mutual indemnification obligations

13. Governing Law: Specifies the applicable law and jurisdiction

14. General Provisions: Includes standard boilerplate clauses

What sections are optional to include in a Commercial Broker Fee Agreement?

1. Exclusivity: Defines whether the broker has exclusive rights to represent the client - include when exclusive representation is agreed

2. Performance Metrics: Establishes specific performance criteria for the broker - include for complex or high-value arrangements

3. Marketing and Promotion: Details specific marketing obligations - include when marketing services are part of the scope

4. Sub-Brokers: Addresses the use of sub-brokers or affiliates - include when sub-brokers may be involved

5. Insurance Requirements: Specifies required insurance coverage - include for high-value transactions

6. Dispute Resolution: Details specific dispute resolution procedures - include for complex arrangements

7. Force Majeure: Addresses unforeseen circumstances - include when requested by either party

8. Non-Circumvention: Prevents direct dealings that bypass the broker - include for protection of broker's interests

What schedules should be included in a Commercial Broker Fee Agreement?

1. Schedule A - Fee Calculation: Detailed breakdown of fee structures and calculation methods

2. Schedule B - Services Description: Comprehensive list of services to be provided by the broker

3. Schedule C - Territory Definition: Definition of geographical or market territory covered by the agreement

4. Schedule D - Required Documentation: List of documents required from both parties

5. Appendix 1 - Broker Qualifications: Details of broker's licenses, certifications, and qualifications

6. Appendix 2 - Reporting Ƶ: Standard templates for required reports and documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Canada

Publisher

Ƶ

Document Type

Broker Agreement

Cost

Free to use
Relevant legal definitions
































Clauses






































Relevant Industries

Real Estate

Commercial Property

Industrial Property

Retail

Office Space

Investment Banking

Business Services

Mergers and Acquisitions

Financial Services

Insurance

Manufacturing

Logistics

Wholesale Trade

Relevant Teams

Legal

Finance

Operations

Procurement

Real Estate

Risk Management

Compliance

Business Development

Commercial Operations

Contract Administration

Relevant Roles

Commercial Broker

Business Development Manager

Chief Financial Officer

Legal Counsel

Contract Manager

Real Estate Director

Procurement Manager

Operations Director

Finance Manager

Risk Manager

Compliance Officer

Property Manager

Transaction Manager

Business Development Director

Commercial Director

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Estate Agency Contract

A Canadian-compliant contract establishing the terms and conditions of a professional relationship between a real estate agent/brokerage and their client.

find out more

Employment Contract For Real Estate Agent

A Canadian-compliant employment contract between a real estate brokerage and agent, outlining terms, commissions, and professional obligations.

find out more

Real Estate Broker Contract With Seller

A Canadian-compliant agreement between a property seller and real estate brokerage defining the terms and conditions for listing and selling real estate.

find out more

Standard Broker Agreement

A Canadian-law governed agreement establishing the relationship between a broker and client for securities trading and financial services, complying with IIROC regulations.

find out more

Sponsorship Broker Agreement

A Canadian-law governed agreement establishing terms between a sponsorship broker and client for securing and managing sponsorship arrangements.

find out more

Time Brokerage Agreement

A Canadian-law governed agreement where a broker purchases broadcast time from a licensed station to provide programming and sell advertising, subject to CRTC regulations.

find out more

Real Estate Agent Partnership Agreement

A Canadian-compliant partnership agreement between real estate agents establishing terms of collaboration and operational procedures.

find out more

Sub Broker Agreement

A Canadian-law governed agreement establishing the terms and conditions for a sub-broker to conduct business under a primary broker's authority.

find out more

Mortgage Broker Contract

A Canadian-compliant agreement establishing the terms and conditions between a mortgage broker and client for mortgage brokerage services.

find out more

Freight Agent Contract

A Canadian-law governed agreement establishing the terms and conditions between a freight company and its independent freight agent, including operational scope, compensation, and compliance requirements.

find out more

Commercial Loan Broker Agreement

A Canadian jurisdiction agreement governing the terms and conditions between a commercial loan broker and business client for securing commercial financing, including services, compensation, and regulatory compliance.

find out more

Commercial Brokerage Contract

A Canadian-law governed agreement establishing terms and conditions for commercial brokerage services, including scope, compensation, and regulatory compliance requirements.

find out more

Buyer Listing Agreement

A Canadian real estate contract establishing an exclusive relationship between a buyer and brokerage for property purchase assistance.

find out more

Business Broker Engagement Agreement

A Canadian-law governed agreement establishing terms between a business broker and client for the professional marketing and sale of a business.

find out more

Buyer Tenant Representation Agreement

A Canadian legal agreement establishing professional representation for commercial tenants seeking to lease property through a real estate brokerage.

find out more

Buyer Agent Commission Agreement

A Canadian-compliant agreement establishing commission terms and agency relationship between a real estate agent/brokerage and property buyer.

find out more

Business Broker Listing Agreement

A Canadian jurisdiction agreement establishing terms between a business broker and business owner for the marketing and sale of a business.

find out more

Broker Dealer Contract

A Canadian-law governed agreement establishing terms for broker-dealer services, including trading, execution, and clearing services, in compliance with IIROC and provincial securities regulations.

find out more

Business Broker NDA

A Canadian-compliant confidentiality agreement for business brokers and related parties involved in business sale transactions.

find out more

Broker Confidentiality Agreement

A Canadian-law governed confidentiality agreement for protecting sensitive information shared between brokers and their clients, compliant with federal and provincial privacy regulations.

find out more

Real Estate Agent Agreement Contract

A Canadian-compliant agreement establishing the terms and conditions between a real estate agent/brokerage and their client for property-related services.

find out more

Co Broker Agreement

A Canadian-compliant agreement establishing cooperation terms and commission sharing between real estate brokerages.

find out more

Buyer Broker Agreement

A Canadian-compliant agreement establishing the professional relationship between a property buyer and real estate brokerage firm, outlining services, obligations, and compensation terms.

find out more

Wholesale Broker Agreement

A Canadian-law governed agreement establishing the relationship between a wholesale broker and introducing broker for securities trading and clearing services.

find out more

Transaction Broker Agreement

A Canadian-law governed agreement establishing the terms for transaction brokerage services, including scope, compensation, and regulatory compliance requirements.

find out more

Tenant Broker Agreement

A Canadian-law governed agreement establishing terms between a commercial tenant and real estate broker for property search and lease negotiation services.

find out more

Split Commission Agreement

A Canadian-law governed agreement that establishes terms for sharing sales commissions between multiple parties, defining split percentages, payment terms, and mutual obligations.

find out more

Seller Listing Agreement

A Canadian legal agreement between a property seller and real estate brokerage establishing terms for property listing and sale services.

find out more

Sales Broker Agreement

A Canadian-law governed agreement establishing terms and conditions between a principal company and sales broker for product/service representation and sales.

find out more

Rental Broker Agreement

A Canadian legal agreement establishing terms between a property owner and rental broker for property leasing services, compliant with provincial real estate regulations.

find out more

Real Estate Broker Of Record Agreement

A Canadian regulatory compliance agreement appointing a licensed broker as the broker of record for a real estate brokerage company, establishing duties, responsibilities, and terms of engagement.

find out more

Real Estate Broker Fee Agreement

A Canadian-compliant agreement establishing the terms, conditions, and fee structure between a real estate broker and their client for property-related services.

find out more

Real Estate Broker Agreement

A Canadian-compliant agreement establishing the terms and conditions between a real estate broker and their client, governed by provincial real estate regulations.

find out more

Real Estate Agent Rental Agreement

A Canadian legal agreement between property owners and real estate agents establishing terms for rental property services and commission structures under provincial regulations.

find out more

Real Estate Agent Independent Contractor Agreement

Canadian independent contractor agreement between a real estate brokerage and agent, establishing terms of service and commission structure while ensuring regulatory compliance.

find out more

Real Estate Agent Agreement

A Canadian-compliant agreement establishing the terms and conditions between a real estate agent/brokerage and their client for property transaction services.

find out more

Non Exclusive Buyer Broker Agreement

A Canadian real estate agreement establishing a non-exclusive relationship between a property buyer and broker, outlining services and terms while allowing the buyer to work with multiple brokers.

find out more

Non Exclusive Broker Agreement

A Canadian-law governed agreement establishing a non-exclusive relationship between a property owner and a broker, allowing engagement of multiple brokers while protecting all parties' interests.

find out more

Broker Dealer Selling Agreement

A Canadian-law governed agreement establishing terms for broker-dealer product distribution arrangements, ensuring compliance with federal and provincial securities regulations.

find out more

Broker Dealer Agreement

Canadian broker-dealer agreement establishing terms for trading and financial services, compliant with federal and provincial securities regulations.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it