Legal documents in a real estate sale
In order to be able to look for buyers, tenants, or a property to buy, thereal estate agent must first hold a mandate. Thereal estate agent is a professional agent. The mandate is a contract that allows thereal estate agent to act in the name and on behalf of the principal. The range of mandates covers :
Within the framework of the sale or the hiring, there are two great kinds of mandates:
Frequently, the mandate contains particular and specific clauses. Thus, it can be "semi-exclusive": the principal can search for a buyer by himself, but he will have to refer him to thereal estate agent who holds the mandate.
The mandate being a contract, it has the force of law and the principal has the obligation to respect the commitments he has subscribed.