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The Buyer Broker Agreement is a crucial document used in Pakistani real estate transactions when a property buyer seeks professional assistance in identifying and acquiring property. This agreement formally establishes the relationship between a broker and their client, typically used when engaging in significant property transactions whether residential or commercial. The document comprehensively outlines the broker's duties, compensation structure, and term of service, while ensuring compliance with Pakistani legal requirements including the Contract Act 1872 and provincial real estate regulations. It protects both parties' interests by clearly defining expectations, responsibilities, and dispute resolution mechanisms, while accommodating specific requirements of the Pakistani property market and legal system.

1. Parties: Identifies and provides full details of the broker and the buyer, including their legal names, addresses, and registration details if applicable

2. Background: Explains the context of the agreement, including the buyer's intention to purchase property and the broker's qualification to provide such services

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Appointment and Scope of Services: Details the formal appointment of the broker and comprehensively lists all services to be provided

5. Term and Termination: Specifies the duration of the agreement and circumstances under which it can be terminated

6. Broker's Rights and Obligations: Lists all duties, responsibilities, and rights of the broker during the engagement

7. Buyer's Rights and Obligations: Outlines the buyer's responsibilities, including cooperation requirements and information provision

8. Compensation: Details the broker's fees, commission structure, and payment terms

9. Exclusivity: States whether the arrangement is exclusive and any related conditions

10. Confidentiality: Specifies obligations regarding confidential information shared during the engagement

11. Limitation of Liability: Defines the extent and limitations of the broker's liability

12. Dispute Resolution: Outlines the process for resolving any disputes between the parties

13. Governing Law: Specifies that Pakistani law governs the agreement and identifies relevant jurisdiction

14. Execution: Formal signing section including witness requirements as per Pakistani law