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The Real Estate Agent Buyer Agreement is a crucial document used in New Zealand's property market when a buyer seeks professional assistance in finding and purchasing property. This agreement, regulated by the Real Estate Agents Act 2008 and other relevant legislation, formalizes the relationship between the agent and buyer, detailing the scope of services, commission structures, and mutual obligations. It's particularly important as it provides legal protection for both parties and ensures compliance with New Zealand's strict real estate regulations, including anti-money laundering requirements and consumer protection laws. The document is essential for establishing clear expectations, defining the agent's responsibilities in property search and acquisition, and outlining the terms of representation.

1. Parties: Identifies the real estate agent/agency and the buyer client, including full legal names and contact details

2. Background: Outlines the context of the agreement, including the buyer's intention to purchase property and the agent's role

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Agency: Formally establishes the agency relationship and specifies whether it's a sole or general agency

5. Term of Agreement: Specifies the duration of the agency agreement, including start and end dates

6. Agent's Services: Details the specific services the agent will provide to help find and acquire property

7. Agent's Obligations: Lists the agent's duties and responsibilities under the agreement and law

8. Client's Obligations: Outlines the buyer's responsibilities and commitments

9. Fees and Expenses: Details the agent's commission structure and any additional expenses

10. Termination: Specifies how and when the agreement can be terminated by either party

11. Confidentiality: Addresses the handling of confidential information

12. Compliance with Laws: Confirms compliance with relevant legislation including AML/CFT requirements

13. Dispute Resolution: Outlines the process for handling disputes between parties

14. General Provisions: Contains standard contract clauses including governing law and notices