The appointment of a property agent to act for a buyer
Executed at Mohali on 1 April 2026.
1. The Buyer — Harpreet Kaur Gill, daughter of Balwinder Singh Gill, resident of Flat 402, Tower B, Palm Residency, Zirakpur, Punjab 140603, mobile +91 XXXXX XXXXX, email harpreet.gill@example.com ("the Buyer").
2. The Agent — Rajinder Kumar Bansal, trading as Bansal Property Consultants, of SCO 22, Phase 3B2, SAS Nagar (Mohali), Punjab 160059, mobile +91 XXXXX XXXXX, email rajinder@bansalproperty.in, holding real estate agent registration number PBRERA-SAS80-REA0123 ("the Agent").
A. The Buyer wishes to buy a property in Punjab and has asked the Agent to find one and to act for the Buyer in buying it.
B. The Agent accepts that, in doing so, it acts for the Buyer and not for any seller.
1.1 The Buyer is looking for: A three-bedroom independent floor or house of at least 1,500 square feet, with parking for two cars
1.2 In or near: Sectors 66 to 70 and Aerocity, SAS Nagar (Mohali); failing those, Kharar
1.3 At a price of no more than ₹95,00,000 (Rupees Ninety Five Lakh only). The property must also have: East-facing; within 3 kilometres of a school
1.4 The Agent is engaged from 2 April 2026 to 3 April 2026 ("the Engagement Period"). The Buyer will not engage any other agent to search for a property of this description during the Engagement Period.
2.1 The Agent will act in the Buyer's interest in finding, assessing and negotiating for a property, and will try to obtain it on the best terms available.
2.2 The Agent will not tell any seller, developer or seller's agent the Buyer's maximum budget, the Buyer's reasons for buying, or anything else about the Buyer's position that could weaken it in negotiation, without the Buyer's consent.
2.3 The Agent will tell the Buyer everything it knows or learns that bears on a property's value or on whether the Buyer should buy it, including any dispute, tenancy, charge, unauthorised construction or defect.
2.4 The Agent will not buy, or let a relative or associate buy, a property it has found for the Buyer, and will tell the Buyer at once if it has any interest in a property it shows.
3.1 The Agent will not accept any payment from any seller, developer or other agent in connection with a property it shows the Buyer.
3.2 Where a property is in a project registered with a Real Estate Regulatory Authority, the Agent will deal in it only if the Agent is itself registered as a real estate agent.
4.1 The Agent's fee is 1 per cent of the purchase price actually agreed for a property the Agent introduced to the Buyer.