General terms (brokerage)
Version: December 2025
These terms govern brokerage and advisory relationships between Prime Realty and its clients concerning real property. Mandatory consumer laws in Germany remain unaffected.
§ 1 Scope
(1) These terms apply to contracts on brokerage/advisory relating to property between Prime Realty (“broker”) and the client.
(2) Diverging general terms of the client apply only if expressly accepted in writing.
§ 2 Scope of performance
(1) We identify suitable properties / transactions and advise as agreed.
(2) We may, but must not where not agreed, provide comprehensive due‑diligence beyond contractually stipulated scope.
(3) No guarantee that a transaction will conclude successfully.
§ 3 Commission
(1) A commission entitlement arises when a purchase/reservation agreement mediated through us legally takes effect—subject to the individual engagement clause.
(2) Rates are agreed individually and memorialised.
(3) Fees are payable as agreed upon contract maturity, generally on purchase-price basis unless otherwise fixed.
(4) Statutory VAT applies additionally where applicable.
§ 4 Client duties
(1) Inform us promptly of facts material to brokerage.
(2) Treat information disclosed by us confidentially unless lawfully shareable with counter-parties/advisers involved in intended transaction.
(3) Notify us immediately of contract negotiations/signing arising from our introductions.
§ 5 Liability
(1) Unlimited liability per mandatory law including intent/gross negligence and injury.
(2) For slight negligence we are liable only for breach of cardinal obligations (loss typical and foreseeable unless otherwise mandatory).
(3) Further liability excluded per applicable German standards.
§ 6 Duration and termination
(1) Engagements typically run indefinitely unless expressly fixed duration.
(2) Ordinary termination observing 14‑day notice unless contract provides otherwise.
(3) Termination for good cause remains unaffected.
§ 7 Data protection
Data processing complies with GDPR; details in our privacy policy.
§ 8 Final provisions
(1) German law excluding UN CISG sales convention.
(2) Place of performance/jurisdiction pursuant to statute and permissible agreement.
(3) Severability clause.