Important Notice
This document serves as a sample outline for an arrangement involving intermediary earnings related to real estate transactions. It is provided for informational purposes only and does not constitute legal advice. Users should consult qualified legal professionals to ensure compliance with applicable laws and regulations in their jurisdiction. The use of this sample is entirely at the user’s discretion, and no liability is assumed for errors or outcomes resulting from its use without proper legal review.
Please note: This is a sample Referral Fee Agreement template tailored for illustrative purposes. Actual terms may differ based on specific arrangements and applicable laws.
Referral Fee Agreement Sample
Parties Involved:
Referring Party: ABC Referral Services LLC
Address: 123 Main Street, New York, NY 10001
Receiving Party: XYZ Business Inc.
Address: 456 Elm Avenue, New York, NY 10002
Referral Details:
The referring party shall introduce potential clients or customers to the receiving party, as specified in subsequent negotiations and communications.
Referral Fee Terms:
The receiving party agrees to pay the referring party a fee of 10% of the net revenue received from each successful transaction directly attributable to the referral, payable within 30 days of receipt of funds.
Parties’ Responsibilities:
The referring party shall make all reasonable efforts to introduce qualified leads and provide pertinent information, while the receiving party shall notify the referring party of any successful transactions resulting from the referral.
Governing Law:
This agreement shall be governed by the laws of the State of New York. Disputes shall be resolved in the appropriate courts of New York County.
Additional Provisions:
- All referrals must be made in good faith and with truthful information.
- This agreement may only be amended in writing signed by both parties.
- Nothing in this agreement shall constitute employment or agency relationship beyond the referral arrangement.
New York, ______________________
John Doe (Referring Party)
Jane Smith (Receiving Party)
