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The Buyer Representation Agreement (Maklervertrag für Kaufinteressenten) is a crucial document in German real estate transactions, used when a potential buyer seeks professional representation in their property search and acquisition process. This agreement is particularly important in the German market, where real estate transactions are heavily regulated and formal representation agreements are standard practice. The document establishes the agent's authority to act on the buyer's behalf, defines the scope of services, outlines commission structures, and ensures compliance with German legal requirements including consumer protection laws, GDPR, and anti-money laundering regulations. It's designed to protect both parties' interests while providing a clear framework for the property search and acquisition process.

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

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

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

4. Appointment and Scope of Services: Definition of the agent's appointment and detailed description of services to be provided

5. Agent's Obligations: Detailed listing of the agent's duties, including property search, negotiations, and reporting requirements

6. Buyer's Obligations: Buyer's commitments, including providing accurate requirements, responding to proposals, and cooperation

7. Exclusivity: Terms regarding whether the relationship is exclusive and any territorial limitations

8. Commission and Payment Terms: Structure and timing of agent's compensation, including success fees and expense reimbursement

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

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

11. Data Protection: GDPR compliance provisions and data processing terms

12. Liability and Insurance: Scope of agent's liability and required insurance coverage

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

14. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes