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Buyer Tenant Representation Agreement
"I need a Buyer Tenant Representation Agreement for a technology company expanding into Sydney, with specific provisions for multiple property searches across different suburbs and a success-fee structure that incentivizes finding properties with existing data center infrastructure by March 2025."
1. Parties: Identifies and defines the tenant representative and the client, including full legal names, ABN/ACN, and registered addresses
2. Background: Explains the context of the agreement, including the client's intention to lease property and the representative's expertise
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Appointment and Authority: Establishes the formal appointment of the tenant representative and defines their authority to act on behalf of the client
5. Scope of Services: Details the specific services to be provided by the tenant representative, including property search, negotiations, and advisory services
6. Term of Agreement: Specifies the duration of the agreement and any renewal provisions
7. Fees and Expenses: Outlines the fee structure, payment terms, and reimbursable expenses
8. Representative's Obligations: Lists the specific duties and responsibilities of the tenant representative
9. Client's Obligations: Details the responsibilities and obligations of the client
10. Confidentiality: Addresses the handling of confidential information by both parties
11. Conflicts of Interest: Addresses potential conflicts and how they will be managed
12. Termination: Specifies conditions and procedures for terminating the agreement
13. Liability and Indemnification: Outlines liability limitations and indemnification obligations
14. General Provisions: Includes standard legal provisions such as governing law, notices, and assignment
1. Success Fee Structure: Detailed provisions for performance-based compensation, used when including incentive-based fees
2. Multiple Property Provisions: Additional terms for representing the client in multiple property searches simultaneously
3. Interstate Services: Specific provisions for cross-state representation, used when the search extends beyond one state
4. Specialized Market Research: Additional terms for providing detailed market analysis and research services
5. Project Management Services: Terms for additional project management services during fit-out or renovation
6. Sub-Agency Provisions: Terms governing the appointment and management of sub-agents in different locations
7. Environmental Assessment: Provisions for environmental due diligence services when required
8. Dispute Resolution: Detailed alternative dispute resolution procedures, used in higher-value agreements
1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, charges, and payment structures
2. Schedule 2 - Scope of Services: Comprehensive list of services to be provided, including any excluded services
3. Schedule 3 - Property Requirements: Client's specific requirements for the target property
4. Schedule 4 - Authorized Representatives: List of authorized representatives from both parties who can make decisions
5. Schedule 5 - Service Level Standards: Specific performance metrics and service standards
6. Appendix A - Required Documentation: List of documents required from the client
7. Appendix B - Reporting Templates: Standard templates for regular reporting and communications
8. Appendix C - Conflict Disclosure Form: Standard form for disclosing potential conflicts of interest
Authors
Retail
Commercial Office
Industrial
Healthcare
Education
Technology
Professional Services
Manufacturing
Logistics
Financial Services
Hospitality
Entertainment
Legal
Real Estate
Operations
Finance
Procurement
Facilities Management
Business Development
Risk Management
Corporate Services
Property Management
Chief Executive Officer
Chief Financial Officer
Head of Real Estate
Facilities Manager
Property Manager
Real Estate Director
Operations Manager
Legal Counsel
Procurement Manager
Business Development Manager
Regional Manager
Expansion Director
Tenant Representative
Commercial Broker
Real Estate Agent
Property Consultant
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