The Buyer Tenant Representation Agreement is a crucial document used when a business or individual seeks professional assistance in finding and securing commercial property space in Qatar. This agreement formally establishes the relationship between the client and their chosen real estate representative, outlining the scope of services, compensation structure, and mutual obligations. It is particularly important in the Qatari market, where real estate transactions must comply with specific local laws and regulations, including Law No. 13 of 2011 and its implementing regulations. The document typically includes provisions for exclusive representation, confidentiality, compliance with anti-money laundering regulations, and specific requirements under Qatari law regarding real estate brokerage services. It serves as a foundational document for protecting both parties' interests throughout the property search and acquisition process.
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1. Parties: Identification of the tenant/buyer client and the real estate representative/broker, including license numbers as required by Qatari law
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement, including specific real estate and legal terminology
4. Appointment and Scope of Services: Formal appointment of the representative and detailed description of services to be provided
5. Term and Termination: Duration of the agreement, renewal provisions, and termination rights
6. Representative's Obligations: Detailed responsibilities and duties of the representative, including compliance with Qatari real estate regulations
7. Client's Obligations: Client's responsibilities, including information provision and cooperation requirements
8. Compensation: Fee structure, payment terms, and conditions for commission earnings
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Exclusivity: Terms of exclusive representation and any territorial restrictions
11. Compliance with Laws: Commitment to comply with Qatari laws and regulations
12. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes
13. Notices: Process and requirements for formal communications between parties
1. Force Majeure: Provisions for unforeseen circumstances preventing performance, used in longer-term agreements
2. Assignment: Rights and restrictions regarding transfer of rights, needed if assignment might be contemplated
3. Insurance: Insurance requirements and obligations, important for high-value transactions
4. Conflict Resolution: Detailed dispute resolution procedures, recommended for complex arrangements
5. Anti-Money Laundering: Compliance requirements for AML regulations, necessary for high-value transactions
6. Language: Specification of prevailing language version, needed if document is bilingual Arabic/English
7. Multiple Clients: Provisions for representing multiple clients, used when applicable
8. Special Requirements: Any specific client requirements or preferences, used when client has unique needs
1. Schedule A - Service Level Details: Detailed breakdown of services to be provided by the representative
2. Schedule B - Fee Structure: Detailed compensation calculations and payment schedules
3. Schedule C - Property Requirements: Client's specific requirements for desired property
4. Schedule D - Excluded Properties: List of properties or dealings excluded from the agreement
5. Schedule E - Authorized Representatives: List of individuals authorized to act on behalf of each party
6. Appendix 1 - Required Documents: List of documents required for property transactions in Qatar
7. Appendix 2 - Broker Credentials: Copies of broker licenses and certifications required by Qatari law
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