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
- The Channel Partner shall not use developers or project name in their online
marketing campaign URLs. They can use project logo & company logo only with
a written approval from Teerth Developers.
- "Associate Channel Partner" or "Authorised Channel Partner" to be mentioned
as compulsory for any marketing activity done by Channel Partners for Teerth
Developers.
- The Channel Partners should have their own logo while marketing for Teerth
Developers Projects.
- In case of residential or commercial premises / flat / unit whether in
ongoing projects or in upcoming projects, Channel Partner will be
compensated as per ongoing offer as brokerage fees only upon 100 % 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 100 % 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 along with the Channel Partner
and submitted within 2(two) 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 firm name and executive 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 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.