Terms and Conditions
These Terms and Conditions govern the services provided by Global Office Brokers Ltd, including (1) Flexible Office Space Consultancy and (2) Off-Market Property Referrals. By engaging with our services, you agree to be bound by the applicable terms relevant to the service you use. Each service type has distinct terms outlined below.
Global Office Brokers Ltd
Terms and Conditions for Flexible Office Space Consultancy
Terms and Conditions between Global Office Brokers Ltd and Workspace Operators / Landlords / Property Managers
1.0 Definitions
1.1 "Commission": Payment due to Global Office Brokers Ltd as defined in Clause 3.0.
1.2 "Prospective Client": A business introduced by us to you.
1.3 "Relevant Contract": Any agreement between you and a Prospective Client for the use of workspace following our introduction.
1.4 "Services": Consultancy and lead introduction services related to flexible workspace solutions.
2.0 Appointment
& Introductions
2.1 You appoint Global Office Brokers Ltd on a non-exclusive basis to introduce Prospective Clients.
2.2 We will use reasonable endeavours to:
-
Introduce Prospective Clients;
-
Report on active leads;
-
Help arrange viewings if required.
3.0 Commission
3.1 A 10% commission is payable on the total value of the initial contract for the first 12 months of any agreement signed with a referred client, unless a current provider-specific promotion applies (e.g. 15%), in which case the higher promotional rate will apply.
3.2 The same rate applies to contract expansions and renewals within the first 12 months.
3.3 If the client signs for less than 12 months but later extends, commission remains payable on the total term up to 12 months.
3.4 Where rent-free periods or incentives are granted, commission is calculated as an average monthly value across the term.
3.5 You must notify us within 3 business days of any agreement signed.
3.6 We will issue an invoice within 7 days of notification; payment is due within 21 days.
3.7 Commissions remain due regardless of the method of contact once a client has been introduced.
4.0 Clawback
4.1 If a client vacates early due to default (e.g. non-payment), you may claw back the proportional amount of unearned commission.
4.2 Clawback is not applicable if early exit was agreed by you or due to operational changes.
5.0 Duration and Termination
5.1 Either party may terminate this agreement in writing with immediate effect.
5.2 Commission remains due for all introductions made before termination.
6.0 Data Protection
6.1 Both parties agree to comply with applicable data protection legislation.
6.2 Client information shared will only be used for introduction and service purposes.
7.0 Confidentiality
7.1 All business, client, and deal information shall be treated as confidential.
8.0 Miscellaneous
8.1 This agreement does not establish an employment, agency, or joint venture relationship.
8.2 Disputes shall be governed by English law and subject to the jurisdiction of the courts of England and Wales.
Off-Market Property Referral Terms
1. Introduction
Global Office Brokers Ltd (“we”, “our”, or “us”) provides commercial property referral services, introducing prospective buyers to sellers or their representatives. We act solely as introducers and do not hold client funds, negotiate, or offer valuations.
2. Scope of Services
Our role is limited to making introductions. We do not represent either party beyond the introduction and are not liable for the outcome of negotiations or transactions.
3. Commission
3.1 We receive a referral fee or commission, payable by the buyer, seller, or a third-party agency, only if a successful transaction occurs.
3.2 Commission terms are agreed in writing before any introduction.
3.3 Invoices are payable within 14–30 days of completion, as agreed.
4. Confidentiality
4.1 All information shared is strictly confidential.
4.2 Clients must not share or disclose any information without written consent.
4.3 Circumvention of the introducer may result in legal action and recovery of the agreed commission.
5. No Guarantee or Warranty
5.1 We do not guarantee the accuracy of information provided or the success of any deal.
5.2 Independent due diligence must be carried out by all parties.
6. Compliance
6.1 All parties must comply with applicable laws, including anti-money laundering (AML) regulations.
6.2 We may request identification documents as part of our compliance obligations and reserve the right to refuse introductions.
7. Data Protection
We process personal data in accordance with our Privacy Policy and UK data protection laws.
8. Limitation of Liability
Our liability is limited to the value of the referral fee received.
9. Termination
Either party may terminate with written notice. Commission remains payable for introductions made prior to termination if a transaction completes afterward.
10. Governing Law
These terms are governed by English law. Disputes are subject to the jurisdiction of English courts.