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Buyer Representation Agreement for Qatar

Buyer Representation Agreement Template for Qatar

A comprehensive legal agreement governed by Qatar law that establishes and regulates the professional relationship between a property buyer and their appointed real estate representative or broker. The document outlines the scope of services, responsibilities, compensation structure, and terms of engagement in accordance with Qatar's Real Estate Brokerage Law (Law No. 13 of 2018) and related regulations. It provides protection for both parties by clearly defining the parameters of the representation, including the representative's duties in property search, negotiation, and transaction support, while ensuring compliance with Qatar's property laws and real estate transaction requirements.

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What is a Buyer Representation Agreement?

The Buyer Representation Agreement is a critical document used in Qatar's real estate market when a buyer seeks professional assistance in property acquisition. This agreement becomes necessary when individuals or organizations want to engage a licensed real estate professional to act on their behalf in property transactions. The document is structured to comply with Qatar's Real Estate Brokerage Law and related regulations, providing a clear framework for the relationship between the buyer and their representative. It typically includes detailed provisions about the scope of services, compensation structure, duration of representation, and specific obligations of both parties. The agreement is particularly important in Qatar's market where real estate transactions must follow specific legal procedures and where certain areas have restrictions on foreign ownership. It serves as a protective mechanism for both the buyer and the representative by clearly documenting their professional relationship and mutual obligations.

What sections should be included in a Buyer Representation Agreement?

1. Parties: Identifies and provides full details of the buyer and the representative/broker, including license numbers and contact information

2. Background: Explains the context of the agreement, including the buyer's intention to purchase property and the representative's qualifications

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Scope: Formally establishes the appointment of the representative and defines the scope of services to be provided

5. Term: Specifies the duration of the agreement and any renewal provisions

6. Representative's Services: Details the specific services to be provided by the representative

7. Representative's Obligations: Lists the duties and responsibilities of the representative

8. Buyer's Obligations: Outlines the responsibilities and commitments of the buyer

9. Fees and Payment Terms: Specifies the compensation structure, payment schedule, and any additional costs

10. Confidentiality: Sets out confidentiality obligations for both parties

11. Termination: Describes circumstances and procedures for ending the agreement

12. Governing Law and Jurisdiction: Confirms Qatar law as governing law and specifies jurisdiction for disputes

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

1. Exclusivity: Used when the buyer agrees to work exclusively with the representative for a specified period

2. Foreign Ownership Provisions: Required when the buyer is non-Qatari, addressing specific requirements under Law No. 16 of 2018

3. Property Type Specifications: Used when the buyer has specific property requirements that need to be documented

4. Success Fee: Optional section for including performance-based compensation

5. Force Majeure: Added to address unforeseen circumstances that may affect the agreement

6. Insurance Requirements: Used when specific insurance coverage is required

7. Anti-Money Laundering Compliance: Added for high-value transactions or when working with international buyers

What schedules should be included in a Buyer Representation Agreement?

1. Schedule 1 - Services Description: Detailed breakdown of all services to be provided by the representative

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

3. Schedule 3 - Property Requirements: Specific details of the type of property the buyer is seeking

4. Schedule 4 - Required Documents: List of documents required from both parties for the relationship

5. Appendix A - Power of Attorney: Template or actual power of attorney if the representative will act on behalf of the buyer

6. Appendix B - Representative's Licenses: Copies of relevant licenses and certifications

7. Appendix C - Compliance Checklist: Checklist of regulatory requirements and necessary approvals

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

Qatar

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
































Clauses






























Relevant Industries

Real Estate

Property Development

Construction

Commercial Property

Residential Property

Real Estate Investment

Property Management

Professional Services

Legal Services

Relevant Teams

Legal

Real Estate

Compliance

Property Acquisition

Corporate Development

Investment

Operations

Business Development

Risk Management

Contract Administration

Relevant Roles

Real Estate Broker

Property Consultant

Real Estate Agent

Legal Counsel

Corporate Lawyer

Property Acquisition Manager

Real Estate Investment Manager

Business Development Manager

Compliance Officer

Contract Manager

Real Estate Transaction Coordinator

Chief Investment Officer

Property Portfolio 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

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