Master Listing Agreement Template for Malaysia

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Key Requirements PROMPT example:

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."

Document background
The Master Listing Agreement serves as a foundational document in Malaysian real estate transactions, designed to streamline the process of listing multiple properties through a single agency. This agreement type is particularly valuable for property owners, developers, or investment companies managing multiple properties who wish to establish a consistent relationship with a real estate agency without executing separate agreements for each property. The document comprehensively covers listing terms, commission structures, service standards, and compliance requirements under Malaysian law, including the Capital Markets and Services Act 2007 and relevant real estate regulations. It's structured to provide flexibility in adding or removing properties while maintaining consistent terms and service levels, making it especially useful for large property portfolios or ongoing development projects. The Master Listing Agreement includes specific provisions for Malaysian market practices and regulatory requirements, ensuring compliance while facilitating efficient property marketing and transactions.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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
Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Property Management

Real Estate Investment

Property Technology

Professional Services

Construction

Hospitality

Relevant Teams

Legal

Real Estate

Sales

Marketing

Operations

Compliance

Business Development

Property Management

Asset Management

Risk Management

Contract Administration

Relevant Roles

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

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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