Real Estate Dotloop Document

Real Estate Dotloop Document

This Real Estate Dotloop Document (this "Agreement") is made and entered into as of by and between Client Name: and Provider Name: .

WHEREAS

WHEREAS, Client desires to engage Provider to perform certain real-estate related document preparation, transaction coordination, electronic execution, and related services through the electronic transaction platform Dotloop and related systems; and

WHEREAS, Provider represents that it has the experience, expertise and authority to perform the services described in this Agreement and will utilize electronic signatures, loop identification, attachments and audit logs as required to execute transaction documents; and

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, Client and Provider agree as follows:

Scope of Work

Payment Terms

Client shall pay Provider the total compensation set forth below in consideration for the services described above. Fees payable under this Agreement do not include applicable taxes unless expressly stated.

Late payments shall accrue interest and collection costs as set forth below.

Term and Termination

This Agreement shall commence on and shall continue until unless earlier terminated in accordance with this Section.

Either party may terminate this Agreement for convenience upon written notice to the other party given at least days prior to the effective date of termination. Either party may also terminate for material breach if the breaching party fails to cure the breach within 14 days after receipt of written notice of such breach.

Confidentiality

"Confidential Information" means all non-public information disclosed by one party to the other in connection with this Agreement, including transaction documents, purchaser or seller information, financing terms, pricing data, and any electronic audit logs or metadata associated with Dotloop transactions. The receiving party shall: (a) hold Confidential Information in strict confidence using at least the same degree of care it uses to protect its own confidential information; (b) not use Confidential Information except to perform its obligations under this Agreement; and (c) not disclose Confidential Information to any third party except to those employees, contractors or advisors with a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein.

Confidentiality obligations do not apply to information that: (i) is or becomes generally available to the public through no fault of the receiving party; (ii) was lawfully in the receiving party's possession prior to disclosure; (iii) is rightfully obtained from a third party without breach; or (iv) is independently developed by the receiving party. All confidentiality obligations shall survive termination or expiration of this Agreement for a period of years.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of without regard to conflict of laws principles. Venue for any dispute arising out of this Agreement shall lie exclusively in the state or federal courts located in that state.

Notices

Notices required or permitted by this Agreement shall be in writing and delivered by personal delivery, reputable courier, or electronic transmission (including attachments via Dotloop) to the addresses set forth below or to such other address as a party may designate in writing.

Miscellaneous

Amendment: This Agreement may be amended or modified only by a writing signed by both parties. Electronic signatures executed through Dotloop or equivalent e-signature methods shall have the same force and effect as original signatures. Assignment: Neither party may assign its rights under this Agreement without the prior written consent of the other party, except that Provider may assign to an affiliate or successor in connection with a sale of substantially all of its business.

Audit Logs and Electronic Records: The parties acknowledge that Dotloop and similar systems will maintain electronic records, audit trails, and metadata reflecting the creation, modification and execution of transaction documents; such records shall be admissible as business records and primary evidence of the parties' actions to the same extent as comparable paper records.

Entire Agreement

This Agreement, together with any exhibits, schedules and attachments expressly incorporated herein, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, proposals, negotiations and communications, whether written or oral, relating to such subject matter.

Purchase Agreement Property Disclosure Addenda / Rider(s)

Acknowledgement: By signing below, each party represents and warrants that it has the authority to enter into this Agreement, that it has read and understands the terms herein, and that electronic signatures and electronic delivery of documents through Dotloop are authorized and binding for all purposes under applicable law.

Sign Now