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The Non-Exclusive Buyer Agency Agreement is a crucial document used in Indian real estate transactions when a buyer wishes to engage a real estate agent's services while maintaining the flexibility to work with other agents. This agreement type is particularly relevant in India's dynamic real estate market, where buyers often need multiple channels to find suitable properties. The document complies with the Real Estate (Regulation and Development) Act (RERA) and other applicable Indian laws, providing a structured framework for the agency relationship while protecting both parties' interests. It details the scope of services, commission arrangements, and obligations of both parties, making it essential for professional real estate transactions in India. The non-exclusive nature of the agreement allows buyers to maximize their property search options while still ensuring the engaged agent's interests are fairly protected.

1. Parties: Identification of the buyer (principal) and the real estate agent (agent), including full legal names, addresses, and RERA registration details for the agent

2. Background: Context of the agreement, including the buyer's intention to purchase property and agent's qualifications

3. Definitions: Key terms used throughout the agreement, including 'Property Requirements', 'Territory', 'Commission', etc.

4. Appointment and Scope: Establishes the non-exclusive nature of the appointment and details the specific services the agent will provide

5. Term: Duration of the agreement, including start date and initial term

6. Agent's Obligations: Detailed list of agent's duties, including property search, negotiations, documentation assistance, and RERA compliance

7. Buyer's Obligations: Buyer's responsibilities, including providing accurate requirements, cooperating with the agent, and maintaining confidentiality

8. Commission Structure: Details of the agent's compensation, payment terms, and conditions for commission eligibility

9. Representations and Warranties: Statements of fact and guarantees by both parties regarding their capacity and authority

10. Confidentiality: Obligations regarding confidential information shared during the engagement

11. Termination: Circumstances and procedures for ending the agreement, including notice requirements

12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for dispute resolution

13. Notices: Process and addresses for formal communications between parties

14. Execution: Signature blocks and execution formalities