BONSAI

Real Estate Brokerage Agreement:

• It has been agreed between the First Party (the Buyer) and the Second Party (the real estate broker, Aqarmap) that the Second Party shall undertake to search for and provide real estate units that meet the needs of the First Party and enable the Buyer to reserve them, in return for the agreed brokerage commission/percentage payable by the Buyer, which is estimated at 2.5% of the price of the real estate unit. The Second Party shall exercise due care in carrying out the real estate brokerage subject of this agreement, shall maintain the documents and information related thereto, and shall not disclose any confidential information relating to the transactions subject to the brokerage.The First Party, in turn, undertakes to provide the Second Party with the documents and information necessary to perform this agreement, to pay the commission to the Second Party upon completion of the reservation through the Second Party, and to authenticate the brokerage agreement with the Second Party at the Real Estate General Authority within 48 hours from the date of creation of the contract on the Real Estate General Authority platform.The Second Party further undertakes that it has entered into a real estate brokerage agreement with the developer who owns the property, under which the Second Party is entitled to a commission of 2.5% of the price of the real estate unit from the developer.
  

Terms and Conditions:

• The unit shall be reserved by paying the buyer’s commission to the broker in the amount of 2.5% of the unit price.

• Payment of the broker's commission constitutes a binding commitment to purchase. The buyer may not change the reserved unit, cancel the reservation, change the buyer’s name, or transfer or sell the reservation to a third party. The buyer further acknowledges that the broker's commission is non-refundable under any circumstances.

• After the reservation, the developer shall prepare the sale contract, and the buyer shall be obligated to sign the contract and pay the full unit price into the project’s escrow account within 7 days from the date of being notified that the contract is ready. In the event that the buyer cancels the reservation, the buyer shall not be entitled to claim a refund of any fees or commissions paid.

• The buyer is not entitled to change the payment method, as the priority reservation and preferential pricing are linked to the selected payment method.