Description

Sourcing & Co-Sourcing Agreement Template

The Sourcing & Co-Sourcing Agreement is essential for property deal sourcers who want to legally protect their commissions, define responsibilities, and avoid disputes when working with investors or co-sourcing partners.

This agreement sets out clear terms between all parties involved in sourcing property deals, ensuring that everyone gets their fair share of profits and responsibilities.

📖 What’s Inside the Agreement?

✅ Sourcing Fee & Commission Structure – Clearly define payment terms and earnings.
✅ Non-Circumvention Clause – Prevent investors from bypassing you to deal directly.
✅ Roles & Responsibilities – Clarify who does what in the deal process.
✅ Compliance & Regulatory Terms – Ensures sourcing agreements align with UK property laws.
✅ Termination & Dispute Resolution – Set exit strategies and resolution methods.

💡 Who Should Use This Agreement?
✔ Property deal sourcers securing off-market and investment property deals.
✔ Investors working with sourcing agents who need clear contracts.
✔ Co-sourcers structuring joint sourcing partnerships to ensure fair earnings.

📌 FAQs

❓ Why do I need a Sourcing & Co-Sourcing Agreement?
Without a legally binding contract, deal sourcers risk losing commission, misunderstandings in partnerships, or investors bypassing them.

❓ Is this contract legally compliant?
Yes! It follows UK property sourcing regulations and is fully editable to suit specific deal structures.

❓ Can I customize this contract for different sourcing partnerships?
Yes! You can modify commission terms, responsibilities, and deal structures as needed.

❓ What happens if a co-sourcing partner breaches the agreement?
This contract includes a dispute resolution and termination clause, protecting you from unfair dealings.