Exclusive Brokerage Listing Agreement Template for Indonesia

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Key Requirements PROMPT example:

Exclusive Brokerage Listing Agreement

"Need an Exclusive Brokerage Listing Agreement under Indonesian law for a luxury shopping mall in Jakarta, with provisions for international marketing and multiple sub-agents, planned listing date March 2025."

Document background

The Exclusive Brokerage Listing Agreement is a crucial document in Indonesian real estate transactions, used when a property owner wishes to grant sole marketing and transaction rights to a specific broker or agency. This type of agreement is particularly important in the Indonesian market, where property transactions require careful navigation of local regulations and market practices. The document outlines the exclusive nature of the relationship, protecting the broker's right to commission while ensuring the owner receives professional marketing and transaction services. It typically includes detailed provisions about the property, commission structures, marketing strategies, and obligations of both parties, all aligned with Indonesian real estate laws and regulations. The agreement is commonly used for both commercial and residential properties, providing a clear framework for professional property marketing and transaction services while ensuring compliance with local legal requirements.

Suggested Sections

1. Parties: Identifies and provides full details of the property owner (client) and the licensed real estate broker

2. Background: Explains the context of the agreement, including the owner's intention to sell/lease the property and the broker's qualifications

3. Definitions: Defines key terms used throughout the agreement including 'Property', 'Exclusive Period', 'Commission', and 'Qualifying Transaction'

4. Appointment and Scope: Establishes the exclusive appointment of the broker and details the scope of services to be provided

5. Property Details: Comprehensive description of the property being listed, including legal address and registration details

6. Term and Exclusivity: Specifies the duration of the agreement and confirms the exclusive nature of the arrangement

7. Listing Price: States the agreed listing price or range for the property

8. Commission Structure: Details the broker's commission rate, calculation method, and payment terms

9. Broker's Obligations: Lists all services and duties the broker must perform

10. Owner's Obligations: Specifies the property owner's responsibilities and commitments

11. Marketing Authorization: Grants permission for specific marketing activities and use of property information

12. Termination: Outlines conditions and procedures for ending the agreement

13. Governing Law: Confirms Indonesian law as governing law and specifies jurisdiction

14. Signatures: Space for parties to execute the agreement with appropriate witness provisions

Optional Sections

1. Protection Period: Defines a period after termination during which the broker remains entitled to commission for specific prospects - include when standard in the market

2. Multiple Properties: Additional provisions for cases where multiple properties are being listed under the same agreement

3. International Marketing: Specific provisions for international marketing efforts and cross-border transactions

4. Virtual Tours and Digital Marketing: Special provisions for digital marketing strategies and virtual showings

5. Sub-Agents: Terms governing the appointment and management of sub-agents or cooperating brokers

6. Force Majeure: Provisions for unforeseen circumstances preventing performance - particularly relevant post-COVID

7. Dispute Resolution: Optional mediation or arbitration procedures before court litigation

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including lot size, building specifications, and included fixtures

2. Schedule B - Marketing Plan: Comprehensive marketing strategy and timeline

3. Schedule C - Commission Schedule: Detailed breakdown of commission structures for different transaction scenarios

4. Schedule D - Property Documents: List of all property-related documents provided by the owner

5. Appendix 1 - Property Photos: Official photographs of the property approved for marketing use

6. Appendix 2 - Property Title Documents: Copies of relevant property ownership and registration documents

7. Appendix 3 - Broker's License: Copy of broker's current license and professional certifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Commercial Property

Residential Property

Property Development

Property Management

Professional Services

Construction

Hospitality

Retail

Industrial

Relevant Teams

Legal

Real Estate

Sales

Business Development

Compliance

Property Management

Asset Management

Marketing

Operations

Contract Administration

Relevant Roles

Real Estate Broker

Property Manager

Legal Counsel

Business Development Manager

Sales Director

Property Owner

Asset Manager

Real Estate Agent

Compliance Officer

Contract Manager

Real Estate Director

Property Development Manager

Transaction Manager

Marketing Manager

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Broker Contract

An Indonesian law-governed agreement establishing terms and conditions for brokerage services, including commission structure and compliance requirements.

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Let's create your Exclusive Brokerage Listing Agreement

Authors

Alex Denne

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