The Exclusive Brokerage Contract is essential when establishing a protected relationship between brokers and their clients in England and Wales. This contract type is commonly used when a broker requires assurance of compensation for their efforts and exclusive rights to represent the client. The agreement typically includes detailed provisions about commission structures, service scope, duration, and protection mechanisms. It's particularly relevant in high-value transactions where significant time and resources are invested by the broker. The contract must comply with UK legislation including the Estate Agents Act 1979 and Consumer Rights Act 2015.
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1. Parties: Identification and details of the broker and client
2. Background: Context and purpose of the brokerage arrangement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of brokerage services to be provided
5. Exclusivity Terms: Terms and duration of exclusive arrangement
6. Commission Structure: Fees, commission rates, and payment terms
7. Duration and Termination: Contract period and termination provisions
8. Obligations of Parties: Responsibilities of both broker and client
1. Non-Circumvention: Prevents direct dealings between client and introduced parties - use when broker introduces valuable contacts or opportunities
2. International Provisions: Specific terms for cross-border transactions - use when dealing with international clients or markets
3. Regulatory Compliance: Specific regulatory requirements - use when dealing with regulated activities or markets
1. Commission Schedule: Detailed breakdown of commission structures and calculations
2. Service Level Agreement: Detailed scope of services and performance metrics
3. Territory Schedule: Definition of geographical areas covered by exclusivity
4. Compliance Requirements: Specific regulatory or compliance obligations
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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