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Real Estate Finders Fee Agreement Template for Germany

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Key Requirements PROMPT example:

Real Estate Finders Fee Agreement

"I need a Real Estate Finder's Fee Agreement under German law for finding commercial properties in Munich and Frankfurt, with a success fee of 3%, allowing for multiple property acquisitions during 2025, and including provisions for working with sub-agents."

Document background
The Real Estate Finder's Fee Agreement is essential for transactions in the German property market where a professional finder/broker assists in identifying suitable real estate opportunities. This document is typically used when a principal seeks to acquire or lease property through a professional intermediary and wants to formalize the engagement terms. The agreement must comply with German regulations, particularly the recent laws on broker commission splitting for residential properties and the requirements under the German Civil Code (BGB). It covers crucial elements such as property requirements, fee structures, payment conditions, and the scope of the finder's services. The document is particularly important given Germany's strict regulation of real estate brokerage services and the need for clear documentation of property introductions.
Suggested Sections

1. Parties: Identification of the Principal and the Finder, including full legal names, addresses, and registration details if applicable

2. Background: Context of the agreement, including the Principal's desire to find suitable real estate and the Finder's expertise

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Success Fee', 'Introduction', and 'Transaction'

4. Scope of Services: Detailed description of the finder's services, including property search criteria and introduction process

5. Exclusivity: Terms regarding whether the arrangement is exclusive or non-exclusive

6. Success Fee: Structure and calculation of the finder's fee, payment terms, and conditions for fee becoming due

7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

8. Obligations of the Principal: Principal's duties including providing necessary information and cooperating with the finder

9. Obligations of the Finder: Finder's duties including professional conduct, maintaining licenses, and compliance with regulations

10. Proof of Introduction: Process for documenting and verifying property introductions

11. Data Protection: Compliance with GDPR and German data protection laws

12. Governing Law and Jurisdiction: Specification of German law application and jurisdiction for disputes

Optional Sections

1. Multiple Property Transactions: Include when the finder may introduce multiple properties or when multiple transactions are contemplated

2. International Properties: Include when the search includes properties outside Germany

3. Sub-Agents: Include when the finder may need to work with other agents or sub-contractors

4. Marketing Authorization: Include when the finder needs specific authorization to market the search requirements

5. Compliance with Money Laundering Regulations: Include detailed AML procedures when dealing with high-value transactions or international clients

6. Force Majeure: Include specific provisions for extraordinary circumstances affecting performance

7. Non-Circumvention: Include when there's risk of direct dealings between principal and property owners

8. Confidentiality: Include detailed confidentiality provisions when dealing with sensitive property requirements or high-profile clients

Suggested Schedules

1. Property Requirements: Detailed specification of the type, location, size, and other requirements for the desired property

2. Fee Schedule: Detailed breakdown of fee calculations, including any sliding scales or special circumstances

3. Excluded Properties: List of properties already known to the Principal for which no fee would be due

4. Required Documentation: List of documents required for proper verification and compliance

5. Broker's License: Copy of the finder's professional licenses and registrations

6. Reporting Template: Standard format for regular reporting on property searches and introductions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































Clauses






























Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Real Estate Investment

Property Management

Professional Services

Construction

Hospitality

Retail

Relevant Teams

Legal

Real Estate

Property Acquisition

Investment

Corporate Development

Facilities Management

Finance

Compliance

Operations

Business Development

Relevant Roles

Real Estate Broker

Property Acquisition Manager

Investment Director

Real Estate Agent

Property Scout

Real Estate Investment Manager

Corporate Real Estate Manager

Facilities Manager

Real Estate Portfolio Manager

Property Development Director

Real Estate Legal Counsel

Transaction 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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