Rental Agent Contract Template for Indonesia

The Rental Agent Contract is essential for formalizing the professional relationship between property owners and rental agents in Indonesia. This document is typically used when a property owner wishes to engage a professional agent or agency to market, lease, and potentially manage their property. It encompasses crucial elements such as commission structures, service scope, marketing responsibilities, and compliance with Indonesian real estate regulations. The agreement is particularly important in the Indonesian context, where property rental practices must align with local legal requirements, including the Civil Code (KUHPerdata) and specific real estate agency regulations. It serves as a comprehensive framework that protects both parties' interests while ensuring compliance with local business practices and regulatory requirements.

1. Parties: Identification of the Property Owner and the Rental Agent, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including brief description of the property owner's intention to engage the rental agent's services

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Services', 'Commission', 'Tenant', etc.

4. Appointment and Scope of Services: Details of the agent's appointment and comprehensive list of services to be provided

5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination by either party

6. Agent's Rights and Obligations: Detailed responsibilities of the rental agent, including marketing, tenant screening, and property management duties

7. Property Owner's Rights and Obligations: Property owner's responsibilities, including providing necessary information and maintaining the property

8. Commission Structure: Detailed breakdown of commission rates, payment terms, and calculation methods

9. Property Marketing: Terms regarding property advertising, marketing strategies, and associated costs

10. Tenant Selection Process: Procedures for tenant screening, selection criteria, and approval process

11. Liability and Indemnification: Allocation of risks and responsibilities between parties

12. Confidentiality: Protection of confidential information and trade secrets

13. Governing Law and Dispute Resolution: Applicable law and procedures for resolving disputes

14. General Provisions: Standard clauses including notices, amendments, and entire agreement provisions