Co-Broke Cooperation Agreement Generator

1. The property subject to the agreement

Whereas each of the parties acted as an independent agent in a transaction concerning a property of the type — located at —, it is hereby declared and agreed as follows.

2. The parties' declaration

Each party declares that it introduced to the transaction, on its own and independently, the client it represents, and that to the best of its knowledge there is no additional third party entitled to a brokerage fee for introducing that client to this transaction.

3. Division of the brokerage fee

The total brokerage fee in the transaction shall be — of the transaction price, and shall be divided between the parties as detailed in the table below. Payment to each party shall be made against a separate tax invoice, immediately upon receipt of the full brokerage fee from the clients and/or anyone on their behalf.

4. Non-circumvention

Each party undertakes not to approach, directly and/or indirectly, a client introduced by the other party in the context of this transaction, for the purpose of this transaction or any other transaction, without the express written consent of the other party.

5. Validity and non-completion of the transaction

This agreement applies solely with respect to the transaction described above, and remains in effect until its completion or until 90 days from the date of signing, whichever is earlier. Should the transaction not be completed for any reason whatsoever, no party shall acquire any right to a brokerage fee under this agreement, unless otherwise agreed in writing.

6. Additional terms

7. Miscellaneous

Nothing in this agreement shall create a partnership, agency or other legal relationship between the parties beyond what is expressly stated herein. Any amendment to this agreement requires a written document signed by both parties.