Property Anthem India CP Registration Form
TERMS AND CONDITIONS
The Developers of the concerned Project shall pay the brokerage fees to the Channel Partner with respect to the services rendered by the Channel Partner in the manner stated herein below –
- In case of residential or commercial premises / flat / unit whether in ongoing projects or in upcoming projects at Mumbai 2% of the total consideration shall be due to the Channel Partner as brokerage fees only upon 40 % of the total consideration being received by the Developers from the Purchasers or on the registration of the Agreement for Sale whichever is earlier.
- The Channel partner agrees that the Channel Partner shall raise an invoice in the registered name as and when 40 % of the total consideration is received by the Developers or on the registration of the Agreement for Sale whichever is earlier. The invoice shall contain the name of the Project and the name of the Developers and shall be delivered by courier or by hand delivery at the address of the Company.
- All payments to be made to the Channel Partner shall be subject to the applicable laws, orders, rules, policies and taxes as may be applicable
- Subject to the terms and conditions as stated herein, the payment of brokerage fees shall be released by the Developers within a period of 30 days of receipt of invoice by the Company.
- The Channel Partner agrees that if the booking of the premises / fiat / unit is cancelled or terminated, the Channel Partner shall forthwith within 15 days from such cancellation or termination refund the payment of brokerage fees received from the Developers for the sale of premises 1 flat / unit. However, if the Channel Partner fails to refund then the Developers and / or the Company and/or its group concerns shall without prejudice to its rights and remedies available under law is further entitled to adjust or deduct the refundable payment of brokerage fees from any other payment of brokerage fees payable to the Channel Partner.
- The Channel Partner agrees that he shall be eligible to his brokerage fees only if the Application Form is signed by the Applicant alongwith the Channel Partner and submitted within 3(three) months from the date of the Site Visit Form.
- The Channel Partner shall be eligible to his brokerage fees only if he has signed the Site Visit Form and the Application Form.
- The Channel Partner hereby gives his consent to the Company to verify and confirm the personal, educational, work experience, information or any other details given by the Channel Partner in the Registration form. In the event it is found by the Company that the information or any other details given by the Channel Partner is misleading, false, incorrect then the Company without prejudice to its rights and remedies available under law be entitled to cancel the Registration of the Channel Partner and forfeit all the amounts due to the Channel Partner.
- The Channel Partner is not given any authority to make statements and / or send any written communication regarding the Company and its Group Concerns and / or the Developers and / or its projects in any manner without obtaining the prior written consent of the Company. However, if it is found by the Company that the Channel Partner has breached the condition then the Company without prejudice to the rights and remedies available under law be further entitled to cancel or terminate the registration of the Channel Partner and also forfeit all the amounts (under any head) due to the Channel Partner.
- The Channel Partner agrees that if the Channel Partner himself / herself / themselves (Individual and Sole Proprietor), Partner (Partnership Firm), Director / Shareholder (Company) or their family members and / or immediate relatives have booked “premises / flat / unit” in the projects of the Developers and/or the Company and/or its group concerns then the Channel Partner shall not be entitled for any payment of brokerage fees under such booking. However, if it is found that the payment of brokerage is claimed against such booking then the Developers and/or the Company and/or its group concerns without prejudice to its rights and remedies available under law be further entitled to adjust, withhold or recover under any head from any project such payments of brokerage fees due or paid to the Channel Partner under such bookings.
- The Channel Partner’s name and Registration Number shall be mentioned in the Site Visit Form and in all correspondence made by the Channel Partner with the Company.
- The Channel Partner shall not be entitled for any brokerage fees in case of any future purchase by the Applicant in any of the projects of the Developers and/or the Company and/or its group concerns which may be initiated directly through the Sales/Marketing Team of the Developer and/or its group concerns.
- In the event of any dispute between the Channel Partner and the Company, the decision of the Company shall be final.
The Company and I or its management reserves the right to alter and/or cancel the terms and conditions of this Registration form without obtaining the prior written consent of the Channel Partner.
Channel Partner Signature: ______________________________