The Real Estate Broker Contract is essential for formalizing property brokerage relationships in Qatar's real estate market. This document is required whenever a property owner or buyer engages a licensed broker to facilitate property transactions, whether for sale, purchase, or lease. The contract must comply with Qatar's Law No. 22 of 2017, which regulates real estate brokerage activities, and includes specific provisions for broker licensing, commission structures, and service obligations. It's particularly important as Qatar requires all real estate brokers to be properly licensed and to operate within the framework of local regulations. The agreement protects both parties by clearly defining the scope of services, commission terms, and legal obligations while ensuring compliance with Qatar's strict real estate brokerage regulations.
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1. Parties: Identification of the broker and the client, including license details of the broker and full legal names and addresses of both parties
2. Background: Context of the agreement and brief description of the client's intention to engage the broker
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', 'Commission', 'Effective Date', etc.
4. Appointment and Scope: Formal appointment of the broker and detailed description of the brokerage services to be provided
5. Term: Duration of the agreement, including start date and end date or renewal provisions
6. Broker's Obligations: Detailed list of broker's duties, responsibilities, and service commitments in accordance with Qatari law
7. Client's Obligations: Client's responsibilities, including providing accurate information and necessary documentation
8. Commission Structure: Details of the broker's commission, calculation method, and payment terms
9. Payment Terms: Timing and method of commission payment, including any conditions precedent
10. Compliance with Laws: Broker's commitment to comply with relevant Qatari laws and regulations
11. Termination: Circumstances under which the agreement can be terminated by either party
12. Governing Law and Jurisdiction: Specification of Qatar law as governing law and Qatar courts' jurisdiction
1. Exclusivity: Terms of exclusive appointment, if the broker is granted exclusive rights
2. Sub-Agents: Provisions regarding the broker's right to engage sub-agents, if permitted
3. Marketing and Advertising: Specific terms regarding property marketing and advertising arrangements
4. Confidentiality: Provisions for handling confidential information, if dealing with sensitive property details
5. Force Majeure: Provisions for unforeseen circumstances preventing performance
6. Property Management: Additional terms if the broker will provide property management services
7. Insurance: Requirements for professional indemnity insurance and other relevant coverage
8. Dispute Resolution: Alternative dispute resolution mechanisms before court proceedings
1. Property Details: Detailed description of the property, including location, specifications, and documentation
2. Commission Schedule: Detailed breakdown of commission rates for different transaction types or values
3. Service Level Agreement: Specific performance metrics and service standards
4. Required Documentation: List of documents required from the client for the broker to perform services
5. Broker's License: Copy of the broker's valid license and registration documents
6. Marketing Plan: Detailed marketing strategy and activities (if applicable)
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