This is an introducer's agreement, drawn specifically for real property introductions. It is for use by a property company to set up arrangements with any other person for finding property suitable for the specified purpose. There is no fixed commitment; the agreement applies only so far as property is found / introduced.
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- Length:11 pages (2900 words)
- Available in:
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About this document
If you run a property development or residential building company it is useful to make introduction arrangements. Commercial surveyors / agents will usually prefer a straight commission in accordance with their standard terms, not yours. This introducer’s agreement is for situations where you make an arrangement with someone who is not in business as a commercial surveyor / valuer / agent.
Although the business framework provided by this agreement is firm and explicit, it leaves the parties working together “as and when” it suits the finder / introducer. Neither party is under a tight obligation to work with the other, but if the finder / introducer succeeds in finding suitable property, then all else clicks into place.
Application and features
- Written in plain English
- Includes comprehensive explanatory notes
- Suitable for an introduction of any real property – residential or commercial
Contents
- Formation and description of the agreement
- The basic contract
- Finder’s general duty
- Finder’s payment procedure
- Termination
- Confidentiality by both parties
- Limitation of liability
- No competition
- The guarantor
- Miscellaneous matters
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