Buga Homes Terms and Conditions

These Terms and Conditions (“Agreement”) govern the relationship between Buga Homes Real Estate Company (“the Company”) and the Agent (“Agent”) engaged to provide real estate services on behalf of the Company.

1. Commission and Payment Structure

1.1. Agents shall receive 5% commission on successful sales, lease, or rental transactions facilitated through the Company.
1.2. The Company shall charge customers an inspection fee of ₦5,000 per property visited which is subject to amendment. Of this amount, ₦1,000 shall be retained by the Company, and ₦4,000 shall be remitted to the Agent within 2 to 3 days after payment by customer.
1.3. All payments to Agents shall be made directly by the Company. Under no circumstances is an Agent permitted to receive payments—cash, bank transfers, or otherwise—directly from any customer.

2. Customer Contact and Conduct

2.1. Agents must not establish personal or private contact with customers outside the scope of their professional duties or the Company’s approved communication channels.
2.2. Agents must not show or recommend properties outside of those authorized by the Company and agreed upon in writing by the customer.
2.3. Any Agent found soliciting or conducting private transactions with customers shall be immediately terminated and subject to legal action for breach of contract and potential damages.

3. Cash Handling and Financial Protocol

3.1. Agents must never collect money from customers under any circumstance.
3.2. All customer payments must be made directly to the Company via approved payment channels.
3.3. Violation of this clause shall be deemed gross misconduct and shall result in immediate termination, forfeiture of commissions, and potential civil or criminal liability.

4. Confidentiality

4.1. Agents agree to maintain the confidentiality of all customer and company information.
4.2. Disclosure of any sensitive information without written authorization will result in disciplinary and legal actions.

5. Code of Ethics and Professionalism

5.1. Agents shall uphold high standards of professionalism, honesty, and integrity in all dealings.
5.2. Any form of dishonesty, misrepresentation, or fraud shall lead to immediate disqualification and legal consequences.

6. Dispute Resolution

6.1. All disputes arising out of or in connection with this Agreement shall be resolved amicably where possible.
6.2. Where resolution fails, disputes shall be subject to the jurisdiction of the appropriate courts in (High court or magistrate court Legal Jurisdiction in Plateau State, Nigeria).

7. Termination

7.1. The Company reserves the right to terminate this Agreement at any time for breach of any of the above conditions or for misconduct, without prior notice.

8. Acknowledgment

By ticking and submitting, the Agent acknowledges understanding and acceptance of all terms and agrees to comply with the policies and procedures of Buga Homes Real Estate Company.

This Agreement is made on 13/05/2025, between Buga Homes Real Estate Company (“the Company”) and (“the Agents”).

1. Purpose:
To maintain transparency, minimize listing conflicts, and ensure efficient operations, this Agreement outlines the policy regarding property sourcing by the Agent.

2. Exclusivity of Property Source:
The Agent agrees that any property submitted or sourced for listing through Buga Homes shall not be presented or co-managed by more than one additional agent, including the Agent themself. That is, no property shall be associated with more than two agents in total — the Agent and at most one other.

3. Declaration Requirement:
When submitting any property for listing, the Agent must declare whether another agent is involved. The Agent shall provide the full name and contact details of the co-agent, if any.

4. Breach and Consequences:
If a property is found to be connected to more than two agents, or if the Agent fails to disclose an existing co-agent:

• The Company reserves the right to remove the property from the platform.
• The Agent may forfeit any rights to commission or compensation related to the property.
• Repeat violations may result in termination of the Agent’s affiliation with the Company.

5. Dispute Resolution:
In the event of a dispute arising from breach of this policy, the Company’s internal review board shall investigate and make a final decision, which all parties agree to abide by.

6. Governing Law:
This Agreement shall be governed by the laws of Plateau State, Nigeria.

Signed.

BY USING OUR SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREED TO BE BOUND BY THESE TERMS.

This Agreement is made this 13 day of May, 2025, by and between Buga Homes Real Estate Company, hereinafter referred to as “Buga Homes”, and the undersigned real estate agent, hereinafter referred to as the “Agent of buga homes”.

1. Purpose

The purpose of this Agreement is to ensure that all properties submitted or presented by the Agent for rent, lease, or sale through Buga Homes are verified, legitimate, and free from legal disputes or encumbrances, and to limit Buga Homes’ liability in the event of disputes arising from unverified properties.

2. Property Verification

The Agent hereby agrees and warrants that:

a. All properties submitted to Buga Homes for listing, promotion, or transaction are duly verified and backed with proper ownership and legal documentation.
b. The Agent has taken all reasonable steps to confirm the authenticity and legality of the property and the authority of the person offering the property for transaction.
c. The property is not subject to any known disputes, encumbrances, litigation, or legal claims as of the date of submission.

3. Agent’s Liability

In the event that any property provided by the Agent is later found to be:

Falsely represented,

Involved in ownership disputes,

Subject to legal claims, government acquisition, or restrictions,

Or results in legal action or damages against Buga Homes,

The Agent agrees to:

a. Indemnify and hold Buga Homes harmless from all claims, legal proceedings, financial losses, reputational damages, and any associated costs (including legal fees) arising from such property.
b. Take full responsibility and bear all consequences resulting from the misrepresentation or improper verification of such properties.

4. No Liability for Buga Homes

The Agent acknowledges and agrees that Buga Homes is a platform for listing, connecting, and facilitating real estate transactions based on information provided by agents. Buga Homes shall not be held liable for any misrepresentations, fraud, or legal issues arising from properties listed by agents.

5. Term & Termination

This Agreement shall remain in effect for as long as the Agent maintains a working relationship with Buga Homes. Either party may terminate this agreement upon written notice, but the Agent’s obligations in relation to any submitted property shall survive termination.

6. Governing Law

This Agreement shall be governed by and interpreted in accordance with the laws of the Federal Republic of Nigeria.

7. Acknowledgement

By ticking below, the Agent confirms they have read, understood, and agreed to the terms and conditions of this Agreement.

Effective Date: [13/05/2025]

These terms and conditions outline the mandatory standards regarding dress code and timely appointments for all agents representing Buga Homes Real Estate Company (“the Company”) during property inspections with clients.

1. Professional Dress Code

All agents are required to maintain a clean, neat, and professional appearance at all times during work-related activities, including property inspections.

Men: Must wear a clean, collared shirt (polo or dress shirt), trousers and closed shoes. Ties and blazers are encouraged but not mandatory. Look smart

Women: Must wear professional attire such as a blouse with trousers or a skirt (knee-length or longer), or a formal dress. Footwear must be closed-toe or appropriate flats; no slippers or sandals.

General Guidelines:

• Clothing must not display offensive language or graphics.
• Use of heavy perfumes or colognes is discouraged.
• Agents must carry visible Company ID badges during inspections.

Failure to adhere to the dress code may result in disciplinary action, suspension from field duties, or termination of agent agreement.

2. Timeliness and Appointment Conduct

Agents are expected to demonstrate professionalism and respect for clients’ time.

Agents must arrive at inspection locations at least 15 minutes before the scheduled time.

If delays are unavoidable, the client and office must be notified at least 1 hour in advance.

Repeated lateness (more than 2 occurrences in a month) may result in review or suspension of field privileges.

No-show without prior notice may lead to termination of agent engagement.

3. Responsibility and Representation

Agents act as representatives of Buga Homes. As such:

They must conduct themselves with courtesy, honesty, and respect.

They must not make unauthorized promises or claims about the properties.

They must document and report inspection feedback to the company within 24 hours.

4. Enforcement

Violations of these terms will be addressed through internal disciplinary procedures, which may include:

Verbal or written warnings

Temporary suspension

Termination of partnership or agent status

By accepting an agent role at Buga Homes Real Estate Company, you agree to comply with these terms fully and uphold the values and standards of the Company.