Agreement between Builder and a Broker for Selling the Flats to be constructed
AGREEMENT BETWEEN BUILDER AND BROKER FOR SELLING THE FLATS TO BE CONSTRUCTED
THIS AGREEMENT is made at ____________ on this ______ day of ____________, 20____, between ABC Construction Co. Ltd., a company incorporated under the Companies Act, 1956 and having its registered office at ____________________ (hereinafter called "the Builder", which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns) of the ONE PART;
AND
Shri XYZ, son of Late Shri ____________________, resident of ____________________ (hereinafter called "the Broker", which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include his heirs, legal representatives, executors and administrators) of the OTHER PART.
WHEREAS the Builder is constructing residential flats at ____________, more particularly described in the Schedule hereunder written, and wants to sell those flats, and for the said purpose the services of the Broker are required;
AND WHEREAS the Broker has approached the Builder and expressed his consent to act as broker for the sale of the flats on the terms and conditions mutually agreed upon.
NOW THIS AGREEMENT WITNESSETH AS FOLLOWS:
1. The Builder appoints the Broker for selling the flats being constructed by him, more particularly described in the Schedule hereunder written, at the price and on the terms and conditions laid down in Annexure 1 to this agreement.
2. The Broker will be entitled to commission at the rate of 5 per cent on the cost of the flats booked by him.
3. The Builder hereby represents and warrants that he has clear and marketable title to the flats, free from any encumbrance, charge, lien, mortgage or attachment. The Builder also represents and warrants that the material used in the flats is of the best quality.
4. The Builder hereby gives a period of six months from the date hereof for the sale of the flats described in the Schedule hereunder written, and the Broker shall not be authorised to sell the flats after the period of six months.
IN WITNESS WHEREOF the parties have set their respective hands to these presents on the date, month and year hereinabove written.
SCHEDULE
____________________
ANNEXURE 1
____________________
Signed and delivered by ABC Construction Co. Ltd., through the hands of Shri ____________________, Managing Director:
________________________
Signed and delivered by XYZ:
________________________
WITNESSES:
1. ________________________
2. ________________________
5.0 out of 5 on Google
Read reviewsAs seen in
Frequently asked questions
A template isn't binding on its own - like any contract, it becomes binding once it's properly completed and signed. Templates in our curated library are professionally drafted for US or UK law; review any template before you sign it.
Yes. Chat with GitLaw to edit any section, or make changes directly in the editor.
Yes, read about team plans here.
Describe what you need in the chat and GitLaw will draft it for you.
Templates in our curated library are professionally drafted for US or UK law. The wider library comes from the GitLaw community and public sources - a solid starting point, but check any template fits your situation before you rely on it.
Mostly US and UK law. Some templates use general commercial terms that work across jurisdictions, and many note which law they're written for.
It depends on the situation. Templates work well for routine business agreements. For anything involving significant money, complex IP, employment, or areas you're unsure about, it's worth getting professional advice before you sign. GitLaw provides templates and tools, not legal advice.
Open any template in GitLaw and describe the change you want in the chat — 'make clause 4 mutual' or 'add a 30-day notice period', for example. GitLaw drafts the revised language and shows it as a suggested edit. You accept, reject, or keep editing from there.
Yes. Upload a Word, PDF, or Markdown file and GitLaw will open it in the editor. You can review, edit, or chat with GitLaw about it the same way you would with any template from the library.
Trusted by thousands of businesses
From template to signed, in one place
Every template opens in an editor with an AI agent alongside it.
Open
Pick a template and open it. Nothing to download, and no credit card to start.
Free to open
Edit with AI
Describe your situation in chat and the agent adapts the wording, clause by clause.
Tracked changes you can review
Send and sign
Share it for negotiation, then collect signatures without leaving GitLaw.
eSign included
Built for your legal work, with practicing lawyers
Trained on 5.5K+ clauses and specialist areas of law. Built with a standards committee of independent lawyers.
As seen in
Start free
No sales calls, no credit card. Just chat with GitLaw.
GitLaw provides templates and tools, not legal advice. Templates are a starting point, not a substitute for advice on your situation - for anything significant, speak to a qualified lawyer.