Ƶ

Buyer Representation Agreement for Saudi Arabia

Buyer Representation Agreement Template for Saudi Arabia

A Buyer Representation Agreement under Saudi Arabian law establishes a formal agency relationship between a property buyer and their appointed real estate representative. This document, governed by Saudi Arabian real estate regulations and Shariah principles, outlines the scope of the representative's authority, duties, and compensation structure. It includes specific provisions for property search criteria, negotiation parameters, and compliance requirements under Saudi law, while ensuring adherence to local real estate practices and Islamic commercial principles. The agreement serves as a crucial legal framework protecting both parties' interests throughout the property acquisition process.

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
Buyer Representation Agreement

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

What is a Buyer Representation Agreement?

The Buyer Representation Agreement is a fundamental document in Saudi Arabian real estate transactions, used when a property buyer seeks professional representation in their property search and acquisition process. This agreement, which must comply with both Saudi real estate regulations and Shariah law principles, establishes the formal relationship between the buyer and their chosen real estate representative. It covers essential elements including the scope of services, compensation structure, exclusivity terms (if any), and compliance requirements. The document is particularly important in the Saudi Arabian context due to specific local real estate practices and regulatory requirements, including those related to foreign investment in property. Typically used at the beginning of a property search process, the agreement protects both parties' interests by clearly defining their rights, obligations, and the terms of their professional relationship.

What sections should be included in a Buyer Representation Agreement?

1. Parties: Identification of the buyer (principal) and the real estate representative (agent), including full legal names, addresses, and registration details

2. Background: Context of the agreement, including the buyer's intention to acquire real estate and appointment of the representative

3. Definitions: Key terms used throughout the agreement, including specific real estate and legal terminology under Saudi law

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 and circumstances under which it may be terminated

6. Representative's Obligations: Detailed responsibilities including property search, negotiations, due diligence, and compliance with Saudi regulations

7. Buyer's Obligations: Buyer's responsibilities including providing information, cooperation, and maintaining exclusivity if applicable

8. Compensation: Fee structure, payment terms, and conditions for earning commission in compliance with Saudi regulations

9. Confidentiality: Obligations regarding confidential information and privacy

10. Compliance with Laws: Commitment to comply with Saudi real estate regulations and Shariah principles

11. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes

What sections are optional to include in a Buyer Representation Agreement?

1. Exclusivity: Optional clause establishing exclusive representation rights - used when the buyer agrees to work only with this representative

2. Foreign Investment Provisions: Required when the buyer is a foreign investor, addressing specific requirements under Saudi Foreign Investment Law

3. Property Type Specifications: Used when the search is limited to specific types of properties or locations

4. Sub-Agency: Include when the representative may need to engage other agents or brokers

5. Force Majeure: Optional clause addressing unforeseen circumstances preventing performance

6. Anti-Money Laundering Compliance: Detailed AML provisions - required for high-value transactions or when dealing with international buyers

7. Digital Communications: Optional section governing the use of electronic communications and digital signatures

What schedules should be included in a Buyer Representation Agreement?

1. Schedule 1 - Service Details: Detailed breakdown of specific services to be provided by the representative

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, commissions, and payment terms

3. Schedule 3 - Property Requirements: Specific criteria for the property search including location, size, budget, and other requirements

4. Schedule 4 - Required Documents: List of documents required from both parties for regulatory compliance

5. Appendix A - Power of Attorney: Standard form of power of attorney if required for specific transactions

6. Appendix B - Compliance Checklist: Checklist of regulatory requirements and necessary approvals under Saudi law

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

Saudi Arabia

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions








































Clauses




































Relevant Industries

Real Estate

Commercial Property

Residential Property

Industrial Property

Retail

Hospitality

Healthcare

Education

Manufacturing

Logistics

Office Space

Mixed-Use Development

Relevant Teams

Legal

Real Estate

Compliance

Finance

Operations

Facilities Management

Corporate Development

Investment

Risk Management

Property Management

Relevant Roles

Real Estate Agent

Property Consultant

Real Estate Broker

Legal Counsel

Compliance Officer

Property Acquisition Manager

Real Estate Director

Corporate Real Estate Manager

Facilities Manager

Investment Manager

Chief Financial Officer

Chief Executive Officer

Real Estate Investment Analyst

Property Portfolio Manager

Business Development Manager

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

Selling Real Estate Contract

A Saudi Arabian real estate sales contract template compliant with local laws and Sharia principles, facilitating property transfers and ensuring regulatory compliance.

find out more

Wholesaling Real Estate Contract

A Saudi Arabia-compliant wholesale real estate contract governing bulk property transactions under local law and Shariah principles.

find out more

Non Binding Agreement

A non-binding agreement template for use under Saudi Arabian jurisdiction, combining Sharia law principles with modern commercial practices to document parties' intentions without creating legal obligations.

find out more

Non Compete Form

A Saudi Arabian legal document restricting post-employment competitive activities, governed by Saudi Labor Law and Sharia principles.

find out more

Agreement For Job Work

A Saudi Arabian law-governed agreement between client and contractor defining terms and conditions for specific job work or project-based services.

find out more

Non Disclosure Form

Saudi Arabia-compliant Non-Disclosure Agreement template for protecting confidential information exchange under Saudi law and Shariah principles.

find out more

Videography Contract

A Saudi Arabian law-governed agreement for professional videography services, ensuring compliance with local regulations while defining service terms and deliverables.

find out more

Subscription Agreement

A Saudi law-governed agreement establishing terms for subscription-based services, compliant with local regulations and Shariah principles.

find out more

Production Contract

A Saudi Arabian law-governed agreement establishing terms and conditions for manufacturing or production activities, ensuring compliance with local regulations and Sharia principles.

find out more

Novation Agreement (Real Estate)

A Saudi Arabian law-governed agreement transferring real estate contract rights and obligations from one party to another, ensuring compliance with Shariah principles and local property regulations.

find out more

Option Contract (Real Estate)

A Sharia-compliant agreement under Saudi Arabian law granting the right to purchase specified real estate at predetermined terms within an agreed timeframe.

find out more

Labor Contract

A Saudi Arabian employment agreement that establishes terms and conditions of employment while ensuring compliance with Saudi Labor Law and regulations.

find out more

Franchise Agreement

A Saudi Arabian law-governed agreement establishing a franchise relationship, granting business operational rights while ensuring compliance with local regulations and Sharia principles.

find out more

Common Agreement

A general-purpose legal agreement template compliant with Saudi Arabian law and Sharia principles, suitable for establishing business relationships in Saudi Arabia.

find out more

Barter Agreement

A Saudi Arabian law-governed agreement facilitating the direct exchange of goods/services between parties, structured to comply with both Sharia and commercial law requirements.

find out more

Unregistered Sale Agreement With Possession

A Saudi Arabian agreement facilitating property sale and possession transfer without immediate registration, compliant with local law and Sharia principles.

find out more

Master Contract

A Saudi law-governed framework agreement establishing terms for ongoing business relationships, compliant with Shariah principles and local regulations.

find out more

Notarial Contract

A legally authenticated contract under Saudi Arabian law, officially verified and certified by a licensed notary public, providing enhanced legal security and evidential value.

find out more

House Rent Agreement Form

A Saudi Arabian residential lease agreement that establishes rental terms between landlord and tenant, compliant with local laws and Ejar system requirements.

find out more

Partnership Agreement Form

A Saudi Arabian law-governed agreement establishing and regulating a business partnership, ensuring compliance with local regulations and Sharia principles.

find out more

Landscape Contract

A Saudi Arabian law-governed contract for landscape construction and maintenance services, including works specifications and environmental compliance requirements.

find out more

Guarantee Contract

A Saudi Arabian law-governed contract where a guarantor assumes responsibility for another party's obligations to a beneficiary, structured in compliance with Sharia principles and local commercial laws.

find out more

Tenancy Agreement Form

A Saudi Arabian lease agreement template that establishes property rental terms between landlord and tenant, compliant with Saudi Tenancy Law and Sharia principles.

find out more

Simple Rental Agreement Form

A Saudi Arabia-compliant rental agreement template for residential and commercial properties, incorporating local legal requirements and Shariah principles.

find out more

Money Agreement Between Two Parties

A Sharia-compliant money agreement under Saudi Arabian law establishing financial arrangements between two parties with specific terms and conditions.

find out more

Side Agreement

A supplementary agreement under Saudi Arabian law that modifies or adds to the terms of a primary agreement while ensuring Shariah compliance.

find out more

Novation Contract

A Saudi Arabian law-governed agreement transferring contractual rights and obligations from one party to another, with consent of all parties involved.

find out more

Mutual Agreement Between Two Parties

A bilateral agreement template compliant with Saudi Arabian law and Sharia principles, establishing mutual rights and obligations between two contracting parties.

find out more

Contract For Selling A Car

A Saudi Arabian law-compliant agreement for the sale and transfer of vehicle ownership, incorporating local regulatory requirements and Sharia principles.

find out more

Business Transfer Agreement

A Saudi law-governed agreement for transferring business ownership, including assets, liabilities, and operational elements from one entity to another.

find out more

Tooling Agreement

A Saudi Arabian law-governed agreement establishing terms for industrial tooling supply, ownership, and usage, compliant with local commercial and Sharia law requirements.

find out more

Representation Agreement

A Saudi law-governed agreement establishing the terms and conditions for commercial representation between a principal company and its Saudi representative.

find out more

Notary Rent Agreement

A notarized rental agreement compliant with Saudi Arabian law and Ejar system requirements, establishing terms for property lease.

find out more

Non Compete Agreement Between Companies

A Saudi Arabian law-compliant agreement restricting competitive activities between companies within specified parameters and timeframes.

find out more

Land Agreement Between Two Parties

A Saudi Arabian land agreement document that formalizes property rights transfer between two parties, compliant with Sharia law and local regulations.

find out more

Buyer Agency Agreement

A Saudi Arabian law-governed agreement establishing the relationship between a property buyer and their real estate agent, outlining services, obligations, and compensation terms.

find out more

Commercial Lease Form

A Saudi Arabian commercial lease agreement template that establishes terms for leasing business properties, compliant with local laws and Shariah principles.

find out more

Vending Machine Contract

A Saudi Arabia-governed agreement for vending machine installation and operation, compliant with local commercial law and Sharia principles.

find out more

Contra Agreement

A Saudi Arabian law-governed agreement facilitating the exchange of goods/services between parties without primary monetary consideration, compliant with Sharia and local commercial regulations.

find out more

Catering Contract

A Saudi Arabian law-governed agreement establishing terms for catering services provision, incorporating local regulatory requirements and Halal compliance.

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