(Applicable to Landlords/Lessors, Sellers/Property Owners, Buyers/Investors, Tenants/Lessees, and Brokers/Channel Partners/Agents)
1. Introduction
Welcome to Estateway Deals (referred to as “we,” “us,” or “our”). By using our platform, representatives, or consultancy services, each Landlord/Lessor, Seller/Property Owner, Buyer/Investor, and Tenant/Lessee (referred to as “you,” “Client,” or “Party”) agrees to these Terms and Conditions.
These terms apply to all property introductions, negotiations, brokerage engagements, and transactions managed by Estateway Deals, its agents, or authorized representatives.
2. Scope of Services
Estateway Deals operates as a real estate consultancy, focusing on:
– Office leasing and workspace advisory
– Retail and showroom leasing
– Investment-grade commercial property sales and acquisitions
We serve as a middleman between property owners, landlords, buyers, tenants, and investors, facilitating introductions, negotiations, documentation support, and transaction management.
All property information, pricing, and availability come from property owners or their authorized representatives and can change without notice.
3. Brokerage Terms
- A. FOR LANDLORDS / LESSORS:
– Brokerage fees apply to all lease or rental transactions facilitated or introduced by Estateway Deals.
– Brokerage is due upon signing the Leave & License / Lease Agreement or when the tenant takes possession, whichever happens first.
– The confirmed brokerage percentage or amount will be provided in writing before the deal is finalized.
– Once Estateway Deals introduces a tenant/lessee, the transaction will be attributed to the landlord’s account, and brokerage applies even if the deal concludes later, directly or indirectly.
– Any effort to bypass Estateway Deals and deal directly with the introduced tenant/lessee will breach this agreement, making the landlord liable for the full brokerage and any legal remedies.
- B. FOR SELLERS / PROPERTY OWNERS:
– Brokerage fees apply to all sales transactions introduced or facilitated by Estateway Deals.
– Brokerage is due upon signing or registering the Sale Agreement or receiving sale consideration, whichever occurs first.
– Once Estateway Deals introduces a prospective buyer/investor, brokerage will remain due even if the transaction concludes later without our direct involvement. Any direct dealing or attempt to exclude Estateway Deals after an introduction will be treated as a breach of this agreement, making the seller liable for the full brokerage amount.
- C. FOR BUYERS / INVESTORS:
– Brokerage applies to all property purchases or investments introduced or facilitated by Estateway Deals.
– Brokerage is due upon signing the Sale Agreement or registering the document, whichever happens first.
– Once Estateway Deals introduces a property, the introduction is official, and brokerage remains due even if the purchase concludes later or through another channel.
– Buyers/Investors must not directly contact or negotiate with property owners introduced by Estateway Deals without prior written consent.
- D. FOR TENANTS / LESSEES:
– Brokerage applies to all lease, rent, or license agreements introduced or facilitated by Estateway Deals.
– The brokerage percentage or amount will be mutually agreed upon before closing the deal.
– Brokerage is due upon signing the Leave & License Agreement, taking possession, or registering, whichever happens first.
– Any attempt to bypass Estateway Deals by negotiating directly with the landlord after an introduction will breach this agreement, making the tenant liable for the full brokerage.
4. Confidentiality
This applies to all parties:
– All property details, ownership information, pricing data, and proposals shared by Estateway Deals are strictly confidential and for evaluation and transaction purposes only.
– No party may share, circulate, or disclose this confidential information with third parties without written consent.
– Any direct communication or transaction between introduced parties without notifying Estateway Deals will be considered a breach of confidentiality, making the defaulting party liable for brokerage fees and possible legal action.
5. Deal Protection & Engagement Integrity
FOR LANDLORDS / LESSORS AND SELLERS / OWNERS:
– Every client or investor introduced by Estateway Deals will be officially registered.
– Brokerage is due if the property is sold, leased, or licensed to an introduced party, even if finalized later or through another channel.
FOR TENANTS / LESSEES AND BUYERS / INVESTORS:
– Every property introduced by Estateway Deals is an official introduction.
– Brokerage remains payable if a transaction results from our introduction, regardless of the time elapsed.
– Parties must inform Estateway Deals before initiating any direct communication or negotiation with introduced owners, landlords, or their representatives.
6. Property Information Disclaimer
While Estateway Deals aims to provide accurate and verified property details, the information often comes from third-party sources (owners, developers, or authorized agents).
Therefore, Estateway Deals does not guarantee the accuracy, completeness, or reliability of this information. All parties are advised to independently verify ownership, title, permissions, encumbrances, and legal compliance before finalizing any transaction.
7. Limitation of Liability
Estateway Deals, its employees, and representatives are not liable for any loss, damages, or claims resulting from reliance on property information or third-party data.
Our responsibility is limited to advisory and facilitation services. All final decisions, documentation checks, and compliance tasks are the sole responsibility of the parties involved.
8. Governing Law & Jurisdiction
These Terms & Conditions are governed by the laws of India. Any disputes will be subject to the exclusive jurisdiction of the courts in Mumbai, Maharashtra.
9. Modifications
Estateway Deals can modify, update, or revise these Terms & Conditions at any time without prior notice. Continued use of our services or reliance on shared property information means acceptance of the latest version.
10. Acknowledgment Clause
BY LANDLORDS / LESSORS AND SELLERS / PROPERTY OWNERS:
– By sharing property details or working with Estateway Deals, the party acknowledges and agrees that:
– The property is represented or introduced through Estateway Deals.
– Brokerage is due as agreed at the conclusion of the deal.
– The party will not bypass or deal directly with clients introduced by Estateway Deals.
BY TENANTS / LESSEES AND BUYERS / INVESTORS:
– By receiving property details or introductions from Estateway Deals, the party acknowledges and agrees that:
– The property introduction is made solely through Estateway Deals.
– Brokerage is payable in full upon signing, possession, or registration.
– All shared property information is confidential.
– The party will not negotiate or transact directly with the property owner without written consent.
Proceeding with any transaction introduced by Estateway Deals constitutes acknowledgment and acceptance of these Terms & Conditions.
11. Brokers, Channel Partners, and Agents – Terms & Acknowledgment
– Estateway Deals may work with other licensed brokers, channel partners, or authorized agents (referred to as “Associates”) purely to facilitate introductions, property transactions, or client acquisitions.
– All Associates will operate under the guidance of Estateway Deals and comply with these Terms & Conditions.
– No Associate may request, solicit, or obtain any direct contact information from clients, property owners, landlords, tenants, or investors introduced by Estateway Deals until the transaction is completed successfully.
– All communications with these parties should go through Estateway Deals or its authorized representative until the deal is finalized and brokerage settled.
– Any direct approach, attempt to bypass, or unauthorized exchange of contact information will be a material breach of engagement, making the Associate liable for full brokerage forfeiture, immediate termination of collaboration, and possible legal action.
– Any commission sharing or fee arrangement between Estateway Deals and an Associate will be governed by a separate written agreement executed before the transaction ends.
– Estateway Deals holds the exclusive right to validate, approve, and authorize the participation of any external broker, channel partner, or agent in its transactions.
12. Acknowledgment by Broker / Channel Partner / Agent:
By collaborating with Estateway Deals, every Broker, Channel Partner, or Agent (referred to as “Associate”) acknowledges and agrees that:
– They act under the authority and representation of Estateway Deals.
– They will not independently contact, solicit, or negotiate with any client, property owner, landlord, tenant, or investor introduced by Estateway Deals until the transaction concludes successfully.
– They will keep complete confidentiality regarding all client and property information shared by Estateway Deals.
– They will not claim separate representation, market, or deal directly in any property or with any client introduced through Estateway Deals without prior written authorization.
– Any violation of these terms will represent a serious breach of engagement, leading to forfeiture of any commission, termination of partnership, and legal liability.
– The Associate confirms they have read, understood, and agreed to follow these Terms & Conditions as applied to their professional engagement with Estateway Deals.
13. Contact Us
For any clarifications or correspondence, please contact:
Disclaimer:
All property details and materials provided by Estateway Deals are for informational purposes only. While we strive for accuracy, Estateway Deals disclaims liability for any inaccuracies, omissions, or errors from third parties.