Agreement Between a Firm and a Broker for Agency (India)
Updated 7 July 2026
This agreement establishes a relationship between a business entity and a broker for the sale of a specific property. It outlines the broker's authority to sell, the commission rates, and the required payment terms for potential buyers.
AggrementBetween A Firm And A Broker For Agency
THIS AGREEMENT made on the…………………..day of……………..BETWEEN ………..,
etc., a firm carrying on the business of ……………………………………………..at……………………………………………
(hereinafter called the firm) of the one part and ……………….., etc. (hereinafter called the broker ) of the other part.
WHEREAS the firm wants to sell the property described in the Scheudle hereto and for the said purpose the services of the broker are required.
AND WHEREAS the said broker has shown his willingness to accept the agency for the sale of the said property described in the Schedule hereto.
AND WHEREAS the firm has accepted to pay to the broker the present rat of commission of … per cent. Of the sale price.
NOW THEREFORE THIS AGREEMENT WITNESSES as follows :
1. The firm hereby gives the broker for a period of ………… months thereof the right to sell the property described in the Schedule hereto at the price and on the terms and conditions hereinafter contained in this agreement.
2. 2. The broker is hereby authorised to sell the property on he price of Rs. …………….……..and out of this consideration the purchaser shall pay Rs………….………..in advance as earnest money and the balance of Rs………….……………..shall be paid within a month hereof before the Registrar at the time of registration of the sale-deed.
3. The broker shall be authorised to sell the property at the price of Rs…………..and on other terms and conditions that may be acceptable to the firm.
4. The firm hereby represents and warrants that the details of the property as described in the Schedule hereto are true and correct and the said property is free from all encumbrances.
5. The firm hereby undertakes to deliver to the purchaser, within a reasonable time, as abstract of title showing that the firm is the owner of the property and the said property is free from all encumbrances.
6. The firm hereby agrees that the sale-deed to be executed by the firm shall be a full covenant warranty deed free from all encumbrances.
IN WITNESS WHEREOF, etc.
SCHEDULE OF PROPERTY
About this template
What is this template?
Agreement Between a Firm and a Broker for Agency (India) is a free, ready-to-use Property template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.
When should you use it?
Reach for this Property template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. This version is drafted with India in mind, though you should always review the final wording against the laws that apply to you.
What's typically included?
A well-drafted Property usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.