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The Lease Brokerage Agreement Between The Owner And Broker is essential for property owners seeking to lease their properties through professional real estate brokers in the UAE. This document is specifically designed to comply with UAE Federal and emirate-specific real estate regulations, including RERA requirements in Dubai and DPMU regulations in Abu Dhabi. It is typically used when property owners want to engage professional brokerage services for finding suitable tenants, establishing clear terms for marketing authorization, commission structures, and service scope. The agreement includes crucial elements such as broker's obligations, marketing rights, commission terms, and compliance requirements under UAE law. It serves as a vital tool for protecting both parties' interests while ensuring transparency in the leasing process and adherence to local real estate practices.

1. Parties: Identification of the Property Owner and the Licensed Real Estate Broker, including their full legal names, licenses, and contact details

2. Background: Context of the agreement, including brief description of the property and the owner's intention to lease it through the broker

3. Definitions: Key terms used throughout the agreement including 'Property', 'Commission', 'Lease Term', 'Successful Transaction', etc.

4. Appointment and Scope of Services: Details of the broker's appointment and specific services to be provided

5. Term of Agreement: Duration of the brokerage agreement and any renewal provisions

6. Broker's Obligations: Detailed responsibilities of the broker including marketing, showing property, negotiating, etc.

7. Owner's Obligations: Property owner's responsibilities including providing accurate information, access to property, etc.

8. Commission Structure: Details of broker's commission, payment terms, and conditions for commission earning

9. Marketing Authorization: Owner's authorization for the broker to market the property and use related materials

10. Representations and Warranties: Standard declarations by both parties regarding authority, property status, etc.

11. Termination: Conditions and process for ending the agreement

12. Confidentiality: Obligations regarding confidential information handling

13. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction for disputes

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