The Broker Cooperation Agreement serves as a fundamental document for establishing formal partnerships between brokers or brokerage firms operating in India. This agreement becomes necessary when two or more brokers wish to collaborate on transactions, share clients, or extend their service offerings through mutual cooperation. It is particularly relevant in today's interconnected market where cross-regional and cross-specialty collaboration is increasingly common. The document addresses key aspects such as revenue sharing, operational protocols, compliance with Indian regulatory requirements (including SEBI and RERA regulations where applicable), and risk allocation. It provides a clear framework for professional collaboration while ensuring adherence to local laws and regulations, making it essential for both established brokerage firms and independent brokers looking to expand their operations through strategic partnerships.
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.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the cooperating brokers, including their registration details and contact information
2. Background: Context of the agreement, including the nature of brokerage services and purpose of cooperation
3. Definitions: Key terms used throughout the agreement, including technical and business-specific terminology
4. Scope of Cooperation: Detailed outline of the cooperative arrangement and permitted activities
5. Rights and Obligations: Specific duties and rights of each broker in the cooperation arrangement
6. Commission Structure: Framework for commission sharing and payment terms between the brokers
7. Operating Procedures: Day-to-day operational procedures and protocols for cooperation
8. Compliance Requirements: Regulatory compliance obligations and requirements for both parties
9. Confidentiality: Protection of confidential information and trade secrets
10. Representations and Warranties: Standard declarations about capacity, authority, and compliance status
11. Liability and Indemnification: Allocation of risks and responsibilities between the parties
12. Term and Termination: Duration of agreement and circumstances for termination
13. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Non-Compete: Restrictions on competitive activities, used when parties want to limit competition between themselves
2. Technology Integration: Procedures for integrating technological platforms, relevant for digital broking operations
3. Training and Support: Details of training and support services, important for complex broking arrangements
4. Marketing and Branding: Guidelines for joint marketing activities and brand usage, relevant for public-facing cooperation
5. Insurance Requirements: Specific insurance obligations, important for high-risk brokerage activities
6. Data Protection: Specific data handling and protection requirements, crucial for digital operations
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in volatile markets
8. Anti-Money Laundering Procedures: Detailed AML procedures, necessary for financial services broking
1. Commission Schedule: Detailed breakdown of commission rates and calculation methods
2. Operating Territory: Geographic areas covered by the cooperation agreement
3. Service Level Agreement: Specific performance metrics and service standards
4. Compliance Checklist: Detailed regulatory compliance requirements and procedures
5. Contact Details: List of key personnel and emergency contacts
6. Technology Specifications: Technical requirements and protocols for system integration
7. Required Documentation: List of mandatory documents and forms for cooperative transactions
8. Reporting Templates: Standard formats for regular reporting between parties
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Financial Services
Insurance
Securities Trading
Commodities Trading
Investment Banking
Mortgage Broking
Commercial Property
Mergers and Acquisitions
Foreign Exchange
Relevant Teams
Legal
Compliance
Operations
Business Development
Risk Management
Finance
Partner Relations
Network Management
Regulatory Affairs
Commission Administration
Relevant Roles
Broker
Managing Director
Compliance Officer
Legal Counsel
Business Development Manager
Operations Manager
Partnership Manager
Regional Director
Chief Executive Officer
Risk Manager
Network Development Manager
Franchise Manager
Commission Administrator
Regulatory Affairs Manager
Find the exact document you need
Co Broker Agreement (Insurance)
An agreement governing collaboration between two insurance brokers in India, including commission sharing and compliance with IRDAI regulations.
find out more
Real Estate Broker Contract With Seller
An Indian law-governed agreement between a property seller and real estate broker establishing terms for property sale services and commission.
find out more
Insurance Broker Contract
An IRDAI-compliant agreement between an insurance broker and client in India, defining services, obligations, and terms of engagement.
find out more
Time Brokerage Agreement
An Indian law-governed agreement between a station owner and time broker for the purchase and use of broadcast time slots, complying with TRAI regulations.
find out more
International Broker Agreement
An Indian law-governed agreement establishing terms between a principal company and international broker for cross-border business representation.
find out more
Business Broker Contract
An Indian law-governed agreement establishing terms and conditions between a business broker and client for professional business sale or acquisition services.
find out more
Sub Broker Agreement
An agreement between a stock broker and sub-broker in India, governed by SEBI regulations, establishing terms for securities trading intermediary services.
find out more
Mortgage Broker Contract
An Indian law-governed agreement between a mortgage broker and client, establishing terms for mortgage broking services and regulatory compliance.
find out more
Freight Broker Agent Agreement
An Indian law-governed agreement establishing the terms and conditions between a freight broker and their appointed agent for freight transportation services.
find out more
Commercial Brokerage Contract
An Indian law-governed agreement establishing terms between a broker and client for commercial intermediary services, including commission structures and mutual obligations.
find out more
Buyer Broker Contract
An Indian law-governed agreement between a property buyer and real estate broker defining services, responsibilities, and compensation terms under RERA compliance.
find out more
Buyer Agent Commission Agreement
An Indian law-governed agreement establishing the terms and commission structure between a property buyer and their real estate agent, compliant with RERA regulations.
find out more
Business Broker NDA
An Indian law-governed NDA for business brokers handling confidential information during business sales and acquisitions.
find out more
Estate Agency Agreement
An Indian-law compliant agreement between property owner and real estate agent establishing terms for property sale/lease representation, aligned with RERA requirements.
find out more
Buyer Broker Agreement
An Indian law-compliant agreement establishing terms between a real estate broker and property buyer, outlining services, obligations, and compensation structure.
find out more
Wholesale Broker Agreement
An Indian law-governed agreement establishing terms and conditions between a principal company and wholesale broker for facilitating wholesale trade transactions.
find out more
Tenant Broker Agreement
An Indian law-governed agreement between a real estate broker and tenant, defining property search services and compensation terms under RERA compliance.
find out more
Split Commission Agreement
An Indian law-governed agreement establishing terms for commission sharing between parties, including split ratios, payment terms, and compliance requirements.
find out more
Seller Agency Agreement
An Indian law-governed agreement establishing the terms and conditions between a principal and their sales agent, including commission structure and territorial rights.
find out more
Sales Broker Agreement
An Indian law-governed agreement establishing terms and conditions between a principal company and sales broker for product/service representation and sales.
find out more
Registration Agreement Between Broker And Owner
An Indian legal agreement establishing the terms and conditions between a property owner and real estate broker under RERA framework for property marketing and transaction services.
find out more
Real Estate Broker Referral Agreement
An Indian law-governed agreement establishing referral arrangements between real estate brokers, including commission terms and RERA compliance requirements.
find out more
Real Estate Broker Commission Agreement
An Indian law-compliant agreement establishing commission terms and service scope between property owner and real estate broker.
find out more
Real Estate Agent Independent Contractor Agreement
An Indian law-governed agreement establishing an independent contractor relationship between a real estate brokerage and agent, ensuring RERA compliance.
find out more
Broker Dealer Selling Agreement
An Indian law-governed agreement establishing terms between broker-dealers and product issuers for securities distribution, ensuring SEBI compliance and operational framework.
find out more
Broker Cooperation Agreement
An Indian law-governed agreement establishing cooperation terms between brokers, including commission sharing and operational procedures.
find out more
Broker Contract Agreement
An Indian law-governed agreement establishing terms and conditions between a principal and broker for intermediary services.
find out more
Broker Commission Agreement
An Indian law-governed agreement establishing the terms and commission structure between a principal and broker for business intermediary services.
find out more
Broker Client Agreement
An Indian law-governed agreement between a stock broker and client establishing terms for securities trading and related services, compliant with SEBI regulations.
find out more
Broker And Carrier Agreement
A legally binding agreement between a freight broker and carrier company operating under Indian jurisdiction, governing transportation services and operational relationships.
find out more
Broker Agent Commission Split Agreement
An Indian law-governed agreement defining commission split arrangements and terms between real estate brokers and their agents.
find out more
Agreement Between Real Estate Agent And Seller
An Indian law-compliant agreement between a property seller and real estate agent establishing terms for property sale representation and commission.
find out more
Agreement Between Landlord And Real Estate Agent
An Indian law-compliant agreement establishing terms and conditions between a landlord and real estate agent for property marketing, leasing, or sale services.
find out more
Agreement Between Builder And Broker
An Indian law-governed agreement establishing terms and conditions between a property developer and real estate broker, ensuring RERA compliance.
find out more
Agreement Between Broker And Buyer
An Indian law-governed agreement establishing terms and conditions between a real estate broker and property buyer, ensuring RERA compliance and defining service scope and commission terms.
find out more
Agent Commission Sharing Agreement
An Indian law-governed agreement that establishes terms for sharing commission between multiple agents, defining payment structures and obligations.
find out more
Agent Commission Agreement
An India-compliant agreement establishing terms and commission structure between a principal company and its sales agent(s).
find out more
Net Brokerage Agreement
An Indian law-governed agreement establishing terms and commission structures for brokerage services between a broker and principal company.
find out more
Mortgage Broker Agreement
An Indian law-governed agreement establishing terms between a mortgage broker and client for mortgage facilitation services, compliant with RBI regulations.
find out more
Master Broker Agreement
An Indian law-governed agreement establishing the terms between a stock broker and clients for securities trading services, incorporating SEBI regulations and exchange rules.
find out more
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
.png)