How a builder appoints a registered real estate agent to market and refer buyers for one project
Executed at Mohali on 1 April 2026.
1. The Builder — Shivalik Homes Private Limited, whose registered office is at SCO 100, Sector 9, Chandigarh 160009, acting through Mr Harvinder Singh, Director ("the Builder").
2. The Channel Partner — Rajinder Kumar Bansal, trading as Bansal Property Consultants, of SCO 22, Phase 3B2, SAS Nagar (Mohali), Punjab 160059, mobile 98765 43210, email name@example.com, real estate agent registration number PBRERA-SAS80-REA0123 ("the Channel Partner").
A. The Builder is developing the project Shivalik Greens at Sector 82, SAS Nagar (Mohali), Punjab, in Punjab, registered under the real estate regulatory law with registration number PBRERA-SAS80-PR0123 ("the Project").
B. The Builder wishes the Channel Partner to market the Project and to bring prospective buyers, and the Channel Partner agrees, on the terms below.
1.1 The Builder appoints the Channel Partner, on a non-exclusive basis, to market All 3 BHK flats in Towers A and B in the Project ("the Units") and to introduce prospective buyers.
1.2 The Builder may appoint other channel partners and may sell directly. A sale the Channel Partner did not introduce earns it no commission.
2.1 The Channel Partner states that its registration as a real estate agent is valid, and will keep it valid for the whole term. It will tell the Builder at once if the registration lapses or is refused, suspended or revoked, and until it is restored the Channel Partner will do nothing under this agreement.
2.2 The Builder states that the Project is registered and will keep the registration valid, and will give the Channel Partner the approved brochures, price lists and project information.
2.3 The Channel Partner will describe the Project only as the approved material and the registered particulars describe it, will make no promise about price, possession, returns or amenities that the Builder has not approved in writing, and will use no unfair trade practice.
2.4 The Channel Partner will not take any money for the Project in its own name or on the Builder's behalf. A buyer pays the Builder directly, into the account the Builder names, and the Channel Partner will say so to every buyer.
3.1 The Channel Partner registers a prospective buyer by sending the Builder the buyer's name and contact details in writing, with the buyer's knowledge and agreement that the details may be shared.
3.2 If the Builder accepts the lead, it is credited to the Channel Partner for 90 days from acceptance. If the Builder does not accept or reject it within seven days, the Channel Partner may ask in writing, and the Builder will answer.