Landlord Listing & Brokerage Terms | Radiant Propadvisors Pvt Ltd

1. WORKING ARRANGEMENT & ELECTRONIC ACCEPTANCE

1.1 Radiant Propadvisors Pvt. Ltd. (hereinafter referred to as the "Consultant") presents these Terms and Conditions for entering into a working arrangement in connection with property listing, marketing, client introduction, site inspection, and transaction advisory services rendered by the Consultant to you.

1.2 By registering as a Landlord/Property Owner on portal.rad-prop.com, verifying your contact details via OTP, submitting a property listing on the portal, or replying "Agreed" to a property confirmation email dispatched by our system, you enter into a legally binding agreement with Radiant Propadvisors Pvt. Ltd.

2. OWNERSHIP WARRANTY & AUTHORISATION TO MARKET

2.1 By listing any Retail, Office, Warehouse, Residential, or Land property on the Radiant Portal, you warrant that you are the lawful owner, co-owner, or duly authorised legal representative of the property, holding valid title and authority to lease or sell the premises.

2.2 You authorise Radiant Propadvisors Pvt. Ltd., its Channel Partners, and its Deal Coordinators to market the property across its corporate client network, digital campaigns, and portal inventory, and to conduct physical site visits with prospective tenants, brands, or buyers.

2.3 You confirm that all specifications provided—including carpet area, super built-up area, plot area, floor breakdown, frontage, road width, amenities, legal documentation status, and agreed landlord fit-out works—are true and accurate.

3. PROFESSIONAL BROKERAGE FEES & PAYMENT MILESTONES

3.1 Mandatory Brokerage Obligation: The Landlord explicitly acknowledges and agrees that while creating an account and listing a property on the Radiant Portal is free of upfront listing charges, Radiant Propadvisors Pvt. Ltd. charges a Professional Brokerage Fee upon the successful closure of a Lease, Rent, or Sale/Outright transaction introduced or facilitated by the Consultant.

3.2 Quantum of Professional Fee: The professional brokerage fee payable by the Landlord shall be as recorded in the Property Listing Specification & Brokerage Confirmation email (`[PROP-ID]`) or standard fee schedule agreed at the time of listing (typically expressed as agreed month(s) of rental for Lease/Rent transactions, or agreed percentage (%) on final sale value for Sale/Outright transactions).

3.3 Taxes Extra: In addition to the Professional Brokerage Fees, applicable Goods and Services Tax (GST) / Service Tax charges will be extra as applicable by law.

A. Payment Milestones for Sale / Outright Transactions:

On-Going / Under-Construction Projects: In the event of on-going or under-construction projects, the professional fee payment shall be made in the following manner:
Upon receipt/completion of up to 20% of the transaction payment — 100% of the total Professional Brokerage Fees shall be immediately payable to the Consultant.
Ready / Resale Properties: Professional fees in the case of a ready or resale property will be taken on or before the registration of the Deed of Conveyance, AND/OR at the time of signing the Agreement for Sale, AND/OR at the time of handing over possession for fit-out, whichever occurs earliest.

B. Payment Milestones for Lease / Rental Transactions:

On-Going / Under-Construction Projects: In the event of on-going or under-construction projects, the professional fee payments will have to be made in the following manner:
• At the time of signing of the Lease Agreement / Term Sheet / LOI — 50% of total Professional Brokerage Fees.
• At the time of handing over possession for fit-out — The entire balance amount of 50% of total Professional Brokerage Fees.
Ready Properties: Professional fees in the case of a ready property will be taken on or before the registration of the Lease Deed / Deed of Conveyance, AND/OR at the time of signing the Agreement for Lease / Term Sheet, AND/OR at the time of handing over possession for fit-out, whichever occurs earliest.

4. NON-CIRCUMVENTION & THIRD-PARTY ROUTING PROTECTION

4.1 Full Fee Payable Even if Routed Through Third Parties: Professional Brokerage Fees are payable in full to Radiant Propadvisors Pvt. Ltd. for any property introduced, presented, or inspected pursuant to this working arrangement, even if the transaction is subsequently routed, negotiated, or finalized directly with the prospect, through a sister concern/affiliated entity of the prospect, or through a third-party broker/intermediary.

4.2 Full professional fees are payable simultaneously with the consummation of the transaction in accordance with the milestones in Clause 3.

4.3 In the event the Landlord circumvents the Consultant after a prospect, corporate brand, tenant, or buyer has been introduced or shown the premises by Radiant (or its Deal Coordinators/Channel Partners), the Landlord shall be liable to pay the full agreed brokerage plus applicable GST and recovery/legal costs immediately upon demand.

5. NON-REFUNDABILITY UPON CANCELLATION

5.1 Once a transaction milestone is achieved and the Professional Brokerage Fee (or part thereof) becomes due or is paid, the Consultant's service is deemed rendered.

5.2 No Refund on Subsequent Cancellation: In case of any subsequent cancellation, termination, surrender of lease, or default between the Landlord and the Tenant/Buyer after the execution of the Term Sheet, Agreement, or handover, the Brokerage amount paid to Radiant Propadvisors Pvt. Ltd. will not be refunded under any circumstances.

6. OFFICIAL PAYMENT CHANNELS & NO-CASH POLICY

6.1 All brokerage payments must be made strictly via Cheque, Demand Draft, NEFT, RTGS, or IMPS in favour of "Radiant Propadvisors Pvt. Ltd." against an official tax invoice issued by our Accounts Department.

6.2 Landlords must never pay brokerage in cash or transfer funds into the personal bank account or personal UPI of any individual agent, Channel Partner, or Deal Coordinator. Radiant will not recognize any unauthorized cash or personal payment made to an individual.

7. AUTOMATED LISTING CONFIRMATION & PROPERTY ID PROTOCOL

7.1 Listing Confirmation Email: Whenever a property is uploaded or updated on the system, Radiant dispatches an automated specification and brokerage summary email bearing a unique Property ID (e.g., [PROP-101]). Replying "Agreed" to that email or approving the listing inside your Landlord Portal constitutes binding confirmation of the specific brokerage rate for that property.

7.2 Subject Line Routing: For all future correspondence regarding a listed property, please include your Property ID (PROP-XXX) in the email subject line so our system automatically routes your message to the dedicated associate managing your asset.

8. INDEPENDENT DUE DILIGENCE & LEGAL DISCLAIMER

8.1 The services of Radiant Propadvisors Pvt. Ltd. under this agreement are advisory and facilitative in nature and do not explicitly or impliedly warrant the legality, title, structural soundness, statutory approvals, fire/municipal clearances, or financial standing of any party, with regard to which the Client/Landlord must reach independent legal and financial satisfaction.

9. DISPUTE RESOLUTION & ARBITRATION

9.1 All disputes and claims arising out of or related to the performance of these Terms & Conditions shall first be settled amicably by both parties.

9.2 If an amicable settlement cannot be reached within thirty (30) days, both parties agree to submit the dispute to binding arbitration under the Arbitration and Conciliation Act, 1996. The arbitration shall be conducted by a Sole Arbitrator appointed by Radiant Propadvisors Pvt. Ltd., and the seat and venue of arbitration shall be exclusively in Kolkata, West Bengal.

10. LANDLORD DECLARATION & ACCEPTANCE

By clicking "I Agree & Accept" or completing registration on the Landlord Portal, you irrevocably confirm that:

You are the lawful owner or authorised representative of the properties you list on the portal.
You clearly understand and agree that Radiant Propadvisors Pvt. Ltd. will charge Professional Brokerage Fees (+ applicable GST) upon closure of any Sale or Lease transaction as per the milestones in Clause 3.
You agree that full brokerage fees remain payable to Radiant even if a prospect introduced by Radiant is subsequently routed or finalized through a third party.
You agree that brokerage paid is non-refundable in the event of subsequent deal cancellation.