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Real Estate Finders Fee Agreement
"I need a Real Estate Finder's Fee Agreement under Dutch law for engaging a finder to locate commercial properties in Amsterdam valued between €5-10 million for our German investment fund, with a success fee structure of 1% and specific anti-money laundering compliance requirements."
1. Parties: Identification of the principal and the finder, including full legal names, addresses, and registration details where applicable
2. Background: Context of the agreement, including the principal's desire to locate suitable real estate and the finder's expertise in this area
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 methods
5. Exclusivity: Terms regarding whether the finder has exclusive or non-exclusive rights to provide the services
6. Success Fee: Structure and calculation of the finder's fee, including triggering events and payment terms
7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
8. Confidentiality: Obligations regarding confidential information shared during the service period
9. Liability and Indemnification: Limitation of liability and indemnification provisions compliant with Dutch law
10. Notices: Method and addresses for formal communications between parties
11. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction for disputes
12. Entire Agreement: Standard integration clause confirming the agreement represents the complete understanding between parties
1. Anti-Money Laundering Compliance: Required when dealing with high-value properties or international clients, outlining Wwft compliance requirements
2. Data Protection: Detailed GDPR compliance section, required when personal data processing is extensive
3. Multiple Property Provisions: Used when the finder may identify multiple properties or when success fees may be due for multiple transactions
4. International Transactions: Additional provisions for cross-border property searches or international clients
5. Broker Cooperation: Terms for working with other real estate professionals, including fee sharing arrangements
6. Post-Termination Obligations: Extended provisions regarding obligations that survive after agreement termination
7. Force Majeure: Additional provisions for unforeseen circumstances affecting performance
8. Assignment Rights: Terms regarding the right to assign the agreement to other parties
1. Schedule 1 - Property Requirements: Detailed specifications of the type of property being sought, including location, size, budget, and other relevant criteria
2. Schedule 2 - Fee Structure: Detailed breakdown of the success fee calculation method, including any sliding scales or threshold amounts
3. Schedule 3 - Excluded Properties/Contacts: List of properties or contacts already known to the principal that are excluded from the fee arrangement
4. Appendix A - Required Documentation: List of documents required from the principal for proper execution of services
5. Appendix B - Reporting Format: Template or format for regular updates and property reports from finder to principal
6. Appendix C - Compliance Checklist: Checklist for ensuring compliance with Dutch real estate regulations and anti-money laundering requirements
Authors
Real Estate
Commercial Property
Residential Property
Real Estate Investment
Property Development
Professional Services
Financial Services
Retail
Industrial
Hospitality
Healthcare
Education
Legal
Real Estate
Acquisitions
Investment
Finance
Compliance
Operations
Business Development
Asset Management
Risk Management
Property Management
Real Estate Manager
Property Acquisition Manager
Investment Director
Legal Counsel
Compliance Officer
Chief Financial Officer
Real Estate Broker
Property Finder
Investment Manager
Asset Manager
Property Developer
Real Estate Consultant
Business Development Manager
Operations Director
Contract Manager
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