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Master Listing Agreement
"I need a Master Listing Agreement for my property development company in Kuala Lumpur, covering multiple high-end residential projects launching in March 2025, with exclusive listing rights and specific commission structures for different property value tiers."
1. Parties: Identification of the property owner/seller and the real estate agency, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, establishing the owner's intention to list properties and the agent's qualification to provide listing services
3. Definitions: Key terms used throughout the agreement, including 'Listed Properties', 'Listing Period', 'Commission', 'Exclusive Listing', etc.
4. Appointment and Authority: Terms of the agent's appointment and scope of authority granted by the owner
5. Term and Termination: Duration of the agreement, renewal terms, and conditions for termination
6. Listing Process: Procedures for adding or removing properties under the master agreement
7. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission eligibility
8. Owner's Obligations: Responsibilities of the property owner, including providing accurate information and maintaining properties
9. Agent's Obligations: Duties and responsibilities of the real estate agency, including marketing efforts and professional standards
10. Representations and Warranties: Statements of fact and guarantees from both parties
11. Confidentiality: Provisions for handling confidential information and data protection compliance
12. Dispute Resolution: Procedures for handling disagreements, including jurisdiction and governing law
13. General Provisions: Standard clauses including notices, amendments, assignment, and severability
1. Exclusivity Provisions: Used when the agreement is exclusive, detailing the terms of exclusive rights and any carve-outs
2. Marketing Budget and Cost Sharing: Include when there are specific arrangements for marketing expenses and their allocation
3. Performance Metrics: Used when specific performance standards or KPIs are required for the agent
4. International Marketing: Include when properties may be marketed to international buyers, including compliance with foreign investment laws
5. Digital Marketing Rights: Specific provisions for online marketing, virtual tours, and digital content ownership
6. Sub-Agency Provisions: Include when the agent may engage other agents or agencies
7. Property Management Services: Used when additional property management services are included beyond listing
8. Insurance Requirements: Detailed insurance obligations when specific coverage levels are required
1. Schedule 1 - Property Schedule: Template and current list of properties covered under the agreement
2. Schedule 2 - Commission Rates: Detailed breakdown of commission structures for different property types or transaction values
3. Schedule 3 - Marketing Standards: Required marketing activities and minimum standards for property listings
4. Schedule 4 - Required Documentation: List of necessary documents and information required for each property listing
5. Schedule 5 - Approved Marketing Materials: Templates and standards for marketing materials and property advertisements
6. Appendix A - Property Information Form: Standard form for collecting property details for new listings
7. Appendix B - Commission Calculator: Formula and examples for commission calculations in various scenarios
8. Appendix C - Compliance Checklist: Checklist ensuring compliance with Malaysian real estate regulations
Authors
Applicable Laws
Appointed Agent
Authority
Business Day
Commission
Confidential Information
Effective Date
Exclusive Period
Identity Card
Intellectual Property Rights
Licensed Real Estate Agent
Listing
Listing Period
Listed Property
Marketing Materials
Marketing Services
Master Listing Schedule
Net Sale Price
Notice
Owner
Personal Data
Property
Property Documentation
Purchase Price
Real Estate Agency
Registration Number
Sale
Schedule
Services
Signing Date
Term
Territory
Transaction
Valuation Report
Authority
Term
Exclusivity
Commission
Payment
Property Listing
Marketing Services
Representations and Warranties
Confidentiality
Data Protection
Intellectual Property
Compliance
Anti-Money Laundering
Insurance
Liability
Indemnification
Force Majeure
Termination
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Waiver
Third Party Rights
Counterparts
Survival
Real Estate
Property Development
Commercial Property
Residential Property
Property Management
Real Estate Investment
Property Technology
Professional Services
Construction
Hospitality
Legal
Real Estate
Sales
Marketing
Operations
Compliance
Business Development
Property Management
Asset Management
Risk Management
Contract Administration
Real Estate Agent
Property Manager
Business Development Manager
Legal Counsel
Compliance Officer
Property Developer
Investment Manager
Asset Manager
Real Estate Director
Portfolio Manager
Sales Director
Marketing Manager
Operations Manager
Contract Administrator
Risk Manager
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