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Agency Agreement (Real Estate)
"I need a Real Estate Agency Agreement for our Jakarta-based company to appoint an exclusive agent to market and sell our portfolio of five luxury apartment buildings, with specific provisions for international marketing and a minimum sales target of $10M for 2025."
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1. Parties: Identification of the Principal and the Agent, including complete legal names, addresses, and registration numbers
2. Background: Context of the agreement, including the Principal's intention to engage the Agent for real estate services
3. Definitions: Key terms used throughout the agreement, including Property, Services, Commission, etc.
4. Appointment and Scope: Formal appointment of the Agent and detailed scope of services to be provided
5. Term and Territory: Duration of the agreement and geographical area where the Agent is authorized to operate
6. Agent's Rights and Obligations: Detailed responsibilities of the Agent, including marketing, showing properties, and documentation requirements
7. Principal's Rights and Obligations: Principal's responsibilities, including providing necessary information and documentation
8. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission eligibility
9. Representations and Warranties: Key assurances from both parties, including Agent's licenses and Principal's authority
10. Confidentiality: Obligations regarding confidential information and client data protection
11. Termination: Grounds for termination, notice requirements, and post-termination obligations
12. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and dispute resolution mechanisms
13. General Provisions: Standard contractual provisions including notices, amendments, and severability
1. Exclusivity: Optional clause defining whether the agency relationship is exclusive or non-exclusive
2. Sub-Agents: Provisions regarding the Agent's right to appoint sub-agents, used when allowing for multiple agent involvement
3. Marketing Budget: Detailed provisions about marketing expenditure and cost sharing, used for high-value properties
4. International Transactions: Special provisions for foreign buyers/sellers, used when targeting international clients
5. Digital Marketing Rights: Specific provisions for online marketing and social media, used for modern marketing approaches
6. Property Management: Additional terms for property management services, used when agent also provides management services
7. Success Bonus: Additional compensation terms for exceeding targets, used in high-value property sales
8. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in uncertain market conditions
1. Schedule 1 - Property Details: Detailed description of the property(ies) covered by the agreement
2. Schedule 2 - Commission Rates: Detailed breakdown of commission structures and calculation methods
3. Schedule 3 - Marketing Plan: Specific marketing activities and timelines
4. Schedule 4 - Required Documentation: List of required documents for property transactions
5. Schedule 5 - Service Level Standards: Specific performance metrics and service standards
6. Appendix A - Agent's Licenses: Copies of relevant licenses and certifications
7. Appendix B - Property Photos and Plans: Visual documentation of the property
8. Appendix C - Standard Operating Procedures: Detailed procedures for property showings and client interactions
Authors
Agent
Applicable Laws
Business Day
Commission
Confidential Information
Effective Date
Exclusivity Period
Force Majeure
Gross Sale Price
Marketing Materials
Marketing Plan
Net Sale Price
Party/Parties
Principal
Property
Property Documentation
Property Rights
Prospective Buyer
Prospective Tenant
Purchase Price
Real Estate Services
Rental Value
Sale
Service Fee
Sub-Agent
Successful Transaction
Term
Territory
Transaction Documents
Licensed Real Estate Agent
Marketing Period
Property Title
Registration Certificate
Booking Fee
Deposit
Due Diligence
Lease Agreement
Sale and Purchase Agreement
Indonesian Property Laws
Building Rights Title (HGB)
Right to Own (SHM)
Land Certificate
Local Government Approval
Zoning Requirements
Commission Payment Date
Property Handover
Marketing Authorization
Listing Period
Agency Services
Agency Services
Exclusivity
Territory
Term and Duration
Agent's Obligations
Principal's Obligations
Commission
Payment Terms
Property Marketing
Confidentiality
Data Protection
Intellectual Property
Representations and Warranties
Indemnification
Liability
Insurance
Force Majeure
Termination
Post-Termination Obligations
Assignment
Sub-Contracting
Compliance with Laws
Anti-Corruption
Dispute Resolution
Governing Law
Notices
Entire Agreement
Amendment
Severability
Property Documentation
Due Diligence
Marketing Authorization
Property Access
Transaction Processing
Client Introduction
Success Fee
Performance Standards
Reporting Requirements
Non-Solicitation
Non-Competition
Authority and Capacity
Registration and Licensing
Foreign Investment Compliance
Property Title Verification
Local Government Compliance
Real Estate
Property Development
Commercial Property
Residential Property
Industrial Property
Retail Property
Hospitality
Mixed-Use Development
Property Investment
Property Management
Legal
Real Estate
Sales
Business Development
Operations
Compliance
Property Management
Asset Management
Contract Administration
Risk Management
Real Estate Agent
Property Manager
Business Development Manager
Sales Director
Property Developer
Real Estate Broker
Asset Manager
Leasing Manager
Real Estate Investment Manager
Property Consultant
Legal Counsel
Compliance Officer
Contract Administrator
Real Estate Operations Manager
Managing Director
Chief Executive Officer
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