Real Estate Listing Contract Template for Indonesia

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Key Requirements PROMPT example:

Real Estate Listing Contract

"I need a Real Estate Listing Contract for an exclusive 6-month listing of my luxury beachfront villa in Bali, starting March 1, 2025, with specific provisions for international marketing and a tiered commission structure based on the final sale price."

Document background
The Real Estate Listing Contract is a crucial document used in Indonesian property transactions when a property owner wishes to engage a professional real estate agent or broker to market and sell/lease their property. This document is essential for establishing clear terms of engagement, defining the scope of the agent's authority, and protecting both parties' interests under Indonesian law. It includes specific provisions required by local regulations, including compliance with the Basic Agrarian Law (UUPA) and relevant real estate agency regulations. The contract typically covers listing duration, commission structures, marketing authorizations, and obligations of both parties. It's particularly important in Indonesia due to specific local property ownership rules, registration requirements, and the need for clear documentation of agency relationships in property transactions.
Suggested Sections

1. Parties: Identification of the property owner(s) and the real estate agent/broker, including complete legal names, addresses, and registration numbers

2. Background: Brief context explaining the owner's intention to sell/lease the property and appointment of the agent

3. Definitions: Key terms used throughout the agreement including Property, Listing Period, Commission, Listing Price, etc.

4. Appointment and Authority: Formal appointment of the agent and scope of authority granted

5. Property Details: Complete description of the property being listed, including address, certificate details, and registered size

6. Listing Terms: Specific terms including listing price, listing period, and type of listing (exclusive or non-exclusive)

7. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission earning

8. Agent's Obligations: Comprehensive list of services and duties the agent must perform

9. Owner's Obligations: Property owner's responsibilities and commitments during the listing period

10. Marketing Authorization: Permissions for advertising, photography, and promotion of the property

11. Term and Termination: Duration of the agreement and conditions for early termination

12. Governing Law: Specification of Indonesian law as governing law and jurisdiction

13. Signature Block: Space for parties to execute the agreement with witnesses if required

Optional Sections

1. Protection Period: Section defining post-termination period where commission may still be payable, used in exclusive listing arrangements

2. Multiple Owners: Additional provisions when property has multiple owners, defining authority and payment arrangements

3. Foreign Ownership Provisions: Special terms when the property owner is foreign or property has foreign ownership restrictions

4. Property Management: Additional terms if agent will provide property management services during listing

5. Digital Marketing Provisions: Specific terms for online marketing and social media promotion

6. Force Majeure: Provisions for unforeseen circumstances affecting the listing agreement

7. Dispute Resolution: Detailed procedures for handling disputes, including mediation or arbitration options

Suggested Schedules

1. Property Details Schedule: Detailed description of property including lot size, building specifications, amenities, and conditions

2. Commission Schedule: Detailed breakdown of commission structures, including any sliding scales or special arrangements

3. Marketing Plan: Detailed marketing strategy and activities to be undertaken by the agent

4. Property Documents: List of all relevant property certificates, permits, and legal documents

5. Property Photographs: Official photographs of the property approved for marketing use

6. Property Disclosure Statement: Owner's disclosure of property condition and known issues

7. Service Level Agreement: Detailed breakdown of specific services to be provided by the agent

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

Relevant legal definitions
Clauses
Relevant Industries

Real Estate

Property Development

Property Management

Legal Services

Construction

Financial Services

Investment Management

Hospitality

Retail

Relevant Teams

Legal

Real Estate

Sales

Compliance

Risk Management

Business Development

Property Management

Marketing

Documentation

Operations

Relevant Roles

Real Estate Agent

Property Manager

Legal Counsel

Contract Manager

Business Development Manager

Sales Director

Property Owner

Real Estate Broker

Compliance Officer

Real Estate Transaction Manager

Property Consultant

Real Estate Marketing Manager

Documentation Specialist

Risk Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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