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Real Estate Agent Referral Form Template for Nigeria

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Key Requirements PROMPT example:

Real Estate Agent Referral Form

"I need a Real Estate Agent Referral Form for a Lagos-based referral arrangement where I'll be referring residential property clients to another agent, with a 25% referral fee and the agreement starting March 1, 2025."

Document background
The Real Estate Agent Referral Form is a crucial document in the Nigerian real estate industry that facilitates professional collaboration between licensed agents and agencies. This document is typically used when one agent refers a client to another agent who may be better positioned to serve the client's needs, whether due to geographical location, specialization, or resource availability. The form ensures compliance with Nigerian real estate regulations, including the Estate Surveyors and Valuers (Registration, etc.) Act and the Estate Agents and Property Developers Registration Act. It outlines the terms of the referral relationship, specifies commission-sharing arrangements, and protects all parties' interests while maintaining professional standards in the industry.
Suggested Sections

1. Parties: Identification of the referring agent and receiving agent, including license numbers and contact information

2. Background: Brief context explaining the purpose of the referral arrangement

3. Definitions: Key terms used in the agreement including 'Referral Fee', 'Client', 'Transaction', and 'Closing'

4. Client Information: Details of the referred client(s), including contact information and specific requirements

5. Referral Terms: Specific details of the referral arrangement, including duration and scope of services

6. Compensation: Terms of the referral fee, including percentage or fixed amount, payment timing, and conditions

7. Confidentiality: Obligations regarding client information and business confidentiality

8. Duration: Period for which the referral arrangement is valid

9. Signatures: Execution block for both agents to sign and date the agreement

Optional Sections

1. Multiple Property Clause: Additional terms for cases where the client may be interested in multiple properties

2. International Transactions: Special provisions for international clients or cross-border transactions

3. Dispute Resolution: Specific procedures for handling disagreements between agents

4. Non-Circumvention: Provisions preventing direct engagement between receiving agent and future referrals from referring agent

5. Marketing Authorization: Terms regarding how the receiving agent may market to or communicate with the referred client

Suggested Schedules

1. Schedule A - Client Requirements: Detailed list of client's property requirements and preferences

2. Schedule B - Fee Structure: Detailed breakdown of referral fee calculations and payment terms

3. Schedule C - Agent Credentials: Copies of both agents' licenses and professional certifications

4. Appendix 1 - Service Area Map: Geographical area covered by the receiving agent's services

5. Appendix 2 - Required Documents: Checklist of documents needed from the client for the transaction

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 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

Construction

Property Management

Real Estate Investment

Commercial Property

Residential Property

Property Consultancy

Professional Services

Relevant Teams

Real Estate Sales

Business Development

Legal

Compliance

Operations

Property Management

Marketing

Contract Administration

Client Relations

Finance

Relevant Roles

Real Estate Agent

Property Consultant

Real Estate Broker

Estate Manager

Property Manager

Real Estate Sales Director

Business Development Manager

Real Estate Marketing Manager

Compliance Officer

Legal Counsel

Contract Administrator

Real Estate Operations 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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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