Property Recommendation Document

PROPERTY RECOMMENDATION DOCUMENT

Document Analysis: This Property Recommendation Document is a bilateral business agreement in which a Consultant furnishes a professional recommendation regarding a specific real property to a Client. The document includes WHEREAS recitals identifying the parties and purpose, a Scope of Work describing deliverables, Payment Terms for fees and invoicing, Term and Termination provisions with notice requirements, a Confidentiality clause protecting nonpublic information, Governing Law and Entire Agreement clauses, and signatures from both parties to evidence acceptance. Signatures here operate as execution and acceptance of the recommendations and associated terms.

PARTIES AND RECITALS

This Property Recommendation Document is entered into by the following parties as of the Effective Date. Client Name: Consultant Name:

WHEREAS, the Client seeks an independent, written recommendation regarding the suitability, valuation, and market position of a specified parcel of real property for purposes of acquisition, disposition, financing, or investment; and

WHEREAS, the Consultant possesses experience and expertise in property analysis and market evaluation and is willing to provide a written recommendation subject to the terms and conditions set forth in this document; and

NOW, THEREFORE, in consideration of the mutual covenants herein, the parties agree as follows:

PROPERTY DETAILS

Residential Commercial Industrial Land Mixed-Use

RECITALS OF FACT

The Consultant has inspected available records and, where permitted by the Client, has conducted an on-site observation of the property and relevant comparable sales, and will provide the Client with a written Recommendation Report setting forth the Consultant's professional opinion regarding market positioning, estimated fair market value, recommended course of action, and identified material risks.

SCOPE OF WORK

RECOMMENDATION SUMMARY

PAYMENT TERMS

Fee Amount:   Payment Schedule:

Invoice Terms: Consultant will submit invoices to Client in accordance with the Payment Schedule. Invoices are payable within days of invoice receipt. Late payments shall accrue interest at a rate of per month (or the maximum rate permitted by law), plus reasonable collection costs.

Additional Expenses: Client shall reimburse Consultant for pre-approved, reasonable out-of-pocket expenses incurred in connection with the Scope of Work upon submission of supporting receipts.

TERM AND TERMINATION

Term Start Date:   Term End Date:

Either party may terminate this Agreement for any material breach by the other party that remains uncured for a period of days after written notice. Either party may also terminate for convenience upon days' prior written notice. Termination shall not relieve the Client of obligations to pay for services performed and expenses incurred prior to the effective date of termination.

CONFIDENTIALITY

Each party shall keep confidential and not disclose to any third party any non-public, proprietary, or confidential information obtained from the other party in connection with this Agreement, except to the extent disclosure is necessary to perform the Scope of Work, required by law, or agreed in writing. The receiving party shall exercise at least the same degree of care to protect such information as it uses for its own confidential information, but in no event less than reasonable care. Confidentiality obligations survive termination for a period of three (3) years.

REPRESENTATIONS; LIMITATION OF LIABILITY

Each party represents that it has the full right, power, and authority to enter into and perform its obligations under this Agreement. Consultant's recommendations constitute professional opinions based on information available at the time of the analysis. Consultant does not guarantee any particular transaction outcome, price, financing, or regulatory result. Except for willful misconduct or gross negligence, Consultant's total aggregate liability to Client arising from or related to this Agreement shall be limited to the total fees actually paid to Consultant under this Agreement.

GOVERNING LAW; DISPUTE RESOLUTION

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflicts of law principles. Any dispute arising out of or relating to this Agreement shall be resolved first through good-faith negotiation between senior representatives. If unresolved within 30 days, the dispute may be submitted to mediation and, if still unresolved, to binding arbitration in the named State unless both parties agree otherwise in writing.

ENTIRE AGREEMENT; AMENDMENT

This Agreement, including all attachments and the Consultant's Recommendation Report when delivered, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior proposals, agreements, and understandings, whether written or oral. Any amendment or modification to this Agreement must be in writing and signed by both parties.

NOTICE

ACCEPTANCE

By signing below, the parties acknowledge that they have read, understand, and agree to be bound by the terms of this Property Recommendation Document and authorize the Consultant to proceed with the Scope of Work as described.

Sign Now