Property finders agreement

This is an introducer's agreement, drawn specifically for real property introductions. It is for use by a property company to set up arrangements with any other person for finding property suitable for the specified purpose. There is no fixed commitment; the agreement applies only so far as property is found / introduced.

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About this document

If you run a property development or residential building company it is useful to make introduction arrangements. Commercial surveyors / agents will usually prefer a straight commission in accordance with their standard terms, not yours. This introducer’s agreement is for situations where you make an arrangement with someone who is not in business as a commercial surveyor / valuer / agent.

Although the business framework provided by this agreement is firm and explicit, it leaves the parties working together “as and when” it suits the finder / introducer. Neither party is under a tight obligation to work with the other, but if the finder / introducer succeeds in finding suitable property, then all else clicks into place.

Application and features

  • Written in plain English
  • Includes comprehensive explanatory notes
  • Suitable for an introduction of any real property – residential or commercial

Contents

  • Formation and description of the agreement
  • The basic contract
  • Finder’s general duty
  • Finder’s payment procedure
  • Termination
  • Confidentiality by both parties
  • Limitation of liability
  • No competition
  • The guarantor
  • Miscellaneous matters
Draftsman

This document was written by a solicitor for Net Lawman. It complies with current Indian law.

IN-PRcon01 - Property finders agreement

 
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