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The Real Estate Broker Referral Agreement is essential for real estate professionals in India who wish to establish formal referral networks while maintaining compliance with regulatory requirements. This document is particularly relevant when brokers operate in different geographical areas or specialize in different property types, enabling them to expand their business reach while ensuring proper compensation for referrals. The agreement must comply with the Real Estate (Regulation and Development) Act 2016 (RERA) and other applicable Indian laws, making it suitable for both individual brokers and larger real estate firms. It includes detailed provisions for commission structures, payment terms, professional obligations, and territorial considerations, while addressing the specific requirements of the Indian real estate market and regulatory framework.

1. Parties: Identifies the referring broker and receiving broker, including their registration details, RERA numbers, and contact information

2. Background: Explains the context of the agreement, including the brokers' desire to establish a referral relationship

3. Definitions: Defines key terms used in the agreement including 'Referral', 'Referred Client', 'Successful Transaction', 'Commission', etc.

4. Scope of Referral Arrangement: Details the nature of referrals, territory coverage, and types of properties/transactions covered

5. Referral Process: Outlines the procedure for making and accepting referrals, including communication requirements

6. Commission Structure: Specifies the referral fee percentage, calculation method, and payment terms

7. Payment Terms: Details the timing, method, and currency of commission payments

8. Representations and Warranties: States the parties' guarantees regarding licenses, permits, and authority to enter into agreement

9. Confidentiality: Addresses the handling of confidential information and client data

10. Term and Termination: Specifies the duration of the agreement and conditions for termination

11. Governing Law and Jurisdiction: Establishes Indian law as governing law and specifies jurisdiction for dispute resolution