A Houston Texas Referral Agreement is a legally binding document that outlines the terms and conditions for referring potential clients or customers to another individual or business in Houston, Texas. This agreement is commonly used in various industries such as real estate, legal services, healthcare, and more, where referrals play a crucial role in building business relationships. The agreement generally includes the following key elements: 1. Parties Involved: The agreement clearly identifies the parties involved, including the referrer (the person or business making the referral) and the referred party (the individual or business receiving the referral). 2. Referral Scope: It specifies the specific products, services, or clients that are subject to the referral agreement. This ensures clarity on what constitutes a valid referral. 3. Referral Fee or Compensation: The agreement outlines the compensation structure for the referrer, such as referral fees or commissions. This includes the percentage or flat fee to be paid for successful referrals and any additional terms related to the payment schedule. 4. Referral Obligations: The agreement highlights the responsibilities and obligations of both parties. It may include requirements for the referrer to provide accurate and complete information about the referral, maintain confidentiality, and adhere to any applicable laws or regulations. 5. Non-Competition and Non-Solicitation: Some referral agreements include clauses that prevent the referrer from competing or soliciting the referred party's clients or customers for a specified period. 6. Termination and Modification: This section outlines the circumstances under which the agreement can be terminated or modified, along with any required notice periods. 7. Governing Law and Jurisdiction: The agreement specifies the applicable laws of Houston, Texas, under which any disputes will be resolved, as well as the jurisdiction in which legal proceedings must be initiated. Different types of Houston Texas Referral Agreements may exist based on the industry or nature of the referral relationship. Some examples include: 1. Real Estate Referral Agreement: Used by real estate agents or brokers to formalize the referral of potential buyers or sellers to another agent or brokerage in Houston. 2. Medical Referral Agreement: Commonly used by healthcare professionals, such as physicians or specialists, to establish referral partnerships with other medical providers in Houston. 3. Legal Referral Agreement: Used by lawyers or law firms to outline the terms for referring clients to other attorneys or legal service providers in Houston. 4. Business Referral Agreement: This type of agreement is more general and can be utilized across various industries when businesses refer clients, customers, or other business opportunities to each other within Houston, Texas. It is crucial for all parties involved in a Houston Texas Referral Agreement to carefully review and understand the terms before signing the document, ensuring compliance with relevant laws and the protection of their respective interests.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.