Brokerage contract

With the brokerage contract, the broker receives the mandate to indicate an opportunity to conclude a contract (broker-indicator) or to interpose for the conclusion of a contract (broker-trader) against payment of a reward (usually called "commission"). The brokerage contract regulates the relationship between the principal and the broker ensuring that the same is not subject to the rules on labor law. Furthermore, the contract includes a non-exclusivity clause (to be omitted if not requested by the parties).

Unlike the Agency Agreement, the brokerage contract is by its nature designed for sporadic, time-limited or ancillary activities, such as in the case of real estate brokerage on behalf of a seller or a buyer. Furthermore, the brokerage contract is characterized by the fact that the conclusion of the main contract - between the principal and the third party identified thanks to the work of the broker - automatically gives the right to a commission. Compared to the Introducing Agreement lender contract, the brokerage contract is also suitable for activities in sectors other than the financial one.