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Broker Lease Agreement
"I need a Broker Lease Agreement for my retail shopping complex in Jakarta, with exclusive rights for the broker to lease multiple units, including specific provisions for commission structure based on lease duration and tenant type."
1. Parties: Identification of all parties: the broker, property owner, and where applicable, the property management company
2. Background: Context of the agreement, including the owner's intention to lease the property and appointment of the broker
3. Definitions: Key terms used throughout the agreement, including Property, Services, Commission, Lease Terms, etc.
4. Appointment and Authority: Formal appointment of the broker and scope of authority granted by the property owner
5. Broker's Services and Obligations: Detailed description of services to be provided by the broker, including marketing, showing property, tenant screening, etc.
6. Property Owner's Obligations: Property owner's responsibilities, including providing accurate information, access to property, and necessary documentation
7. Commission Structure: Details of broker's compensation, payment terms, and conditions for commission earning
8. Term and Termination: Duration of the agreement and circumstances under which it can be terminated
9. Representations and Warranties: Statements of fact and guarantees by both parties regarding their authority, the property, and compliance with laws
10. Liability and Indemnification: Allocation of risks and responsibilities between parties
11. Confidentiality: Obligations regarding confidential information handling
12. Governing Law and Dispute Resolution: Specification of Indonesian law as governing law and method of resolving disputes
13. General Provisions: Standard clauses including notices, amendments, assignment, and severability
1. Exclusive Rights: Used when the broker is granted exclusive rights to market and lease the property
2. Sub-Agents: Include when the broker is permitted to appoint sub-agents or cooperate with other brokers
3. Marketing Budget: Required when specific marketing expenses are to be shared or reimbursed by the property owner
4. Multiple Properties: Include when the agreement covers multiple properties under the same owner
5. Property Management Services: Used when the broker also provides property management services beyond lease procurement
6. Digital Marketing Provisions: Include specific terms for online marketing and virtual showings
7. Force Majeure: Specific provisions for unforeseen circumstances affecting the broker's ability to perform services
1. Schedule A - Property Details: Detailed description of the property, including address, size, facilities, and condition
2. Schedule B - Commission Structure: Detailed breakdown of commission calculations, payment terms, and special circumstances
3. Schedule C - Marketing Plan: Detailed marketing strategy and activities to be undertaken by the broker
4. Schedule D - Required Documentation: List of documents required from property owner and/or potential tenants
5. Schedule E - Property Owner's Guidelines: Specific requirements or preferences set by the property owner for potential tenants
6. Appendix 1 - Power of Attorney: If required, formal authorization for the broker to act on behalf of the property owner
7. Appendix 2 - Property Photographs: Official photographs and floor plans of the property
8. Appendix 3 - Standard Lease Template: Approved template for lease agreements to be used with potential tenants
Authors
Broker
Property Owner
Property
Services
Commission
Lease
Tenant
Marketing Period
Exclusive Appointment
Effective Date
Expiry Date
Lease Terms
Marketing Materials
Property Documentation
Confidential Information
Business Day
Force Majeure Event
Intellectual Property Rights
Lease Agreement
Listed Price
Marketing Plan
Power of Attorney
Professional Fees
Property Description
Security Deposit
Sub-Agent
Successful Introduction
Term
Territory
Transaction
Valid Lease
Property Title
Broker's License
Marketing Authorization
Performance Standards
Qualifying Tenant
Rental Period
Service Level Requirements
Standard Lease Terms
Tenant Requirements
Building
Common Areas
Premises
Relevant Authorities
Applicable Laws
Due Diligence
Material Information
Commission Payment Date
Handover Date
Indonesian Civil Code
Ministry of Trade Regulations
Authority
Scope of Services
Exclusivity
Commission
Payment Terms
Property Marketing
Tenant Screening
Confidentiality
Non-Competition
Indemnification
Liability
Insurance
Property Access
Documentation Requirements
Marketing Standards
Service Levels
Representations and Warranties
Term and Duration
Termination
Force Majeure
Assignment
Notices
Dispute Resolution
Governing Law
Compliance
Sub-Agency
Property Information
Intellectual Property
Data Protection
Amendment
Severability
Entire Agreement
Further Assurance
Good Faith
Time of Essence
Counterparts
Costs
Third Party Rights
Waiver
Authority to Contract
Real Estate
Commercial Property
Residential Property
Retail Property
Industrial Property
Hospitality
Office Space
Mixed-Use Development
Warehouse and Logistics
Shopping Centers and Retail Spaces
Legal
Real Estate
Property Management
Operations
Compliance
Finance
Business Development
Facilities Management
Contract Administration
Risk Management
Real Estate Broker
Property Manager
Leasing Manager
Real Estate Agent
Property Owner
Asset Manager
Facilities Manager
Legal Counsel
Compliance Officer
Business Development Manager
Real Estate Director
Contract Administrator
Property Portfolio Manager
Real Estate Operations Manager
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