The Real Estate Agent Agreement serves as a crucial document in Indonesian property transactions, establishing the legal framework for professional property representation services. This agreement is essential when property owners seek to engage qualified real estate agents to market and sell their properties in compliance with Indonesian regulations. The document addresses key aspects including agent authority, commission structures, marketing obligations, and regulatory compliance under Indonesian law. It's particularly important given Indonesia's specific property laws and the need to clearly define roles and responsibilities in property transactions. The agreement can be customized for various property types, from residential to commercial, and can accommodate both exclusive and non-exclusive agency arrangements while ensuring alignment with local real estate practices and legal requirements.
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1. Parties: Identification of the property owner/seller and the real estate agent/agency, including complete legal names, addresses, and business registration details
2. Background: Context of the agreement, including the owner's intention to sell/lease the property and the agent's qualifications and licenses
3. Definitions: Key terms used throughout the agreement, including technical real estate terminology and Indonesian legal terms
4. Appointment and Authority: Formal appointment of the agent and scope of authority granted, including whether exclusive or non-exclusive
5. Agent's Obligations: Detailed listing of agent's duties, marketing responsibilities, and service standards
6. Property Owner's Obligations: Owner's responsibilities, including providing accurate information and maintaining the property
7. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission eligibility
8. Term and Termination: Duration of the agreement, renewal terms, and conditions for early termination
9. Confidentiality: Obligations regarding confidential information and client data protection
10. Compliance with Laws: Commitment to comply with Indonesian real estate regulations and relevant laws
11. Dispute Resolution: Process for handling disagreements, including jurisdiction and applicable law
12. General Provisions: Standard legal clauses including notices, amendments, and entire agreement provisions
1. Multiple Properties Addendum: Used when the agent is appointed to handle multiple properties for the same owner
2. International Marketing: Include when the property will be marketed to international buyers/tenants
3. Property Management Services: Added when the agent will provide additional property management services
4. Digital Marketing Authorization: Specific provisions for online marketing and social media promotion
5. Sub-Agent Authorization: Include when the agent may need to engage other agents or brokers
6. Special Property Features: For unique properties requiring specific marketing or handling approaches
7. Force Majeure: Extended provisions for circumstances beyond control, particularly relevant in uncertain times
1. Schedule A - Property Details: Comprehensive description of the property, including legal description, certificates, and physical characteristics
2. Schedule B - Commission Rates: Detailed breakdown of commission structures for different transaction types
3. Schedule C - Marketing Plan: Specific marketing strategies, platforms, and timeline
4. Schedule D - Property Documentation: List of all property-related documents provided by the owner
5. Schedule E - Service Level Agreement: Detailed performance metrics and service standards
6. Appendix 1 - Required Licenses: Copies of agent's relevant licenses and certifications
7. Appendix 2 - Property Photos: Official property photographs and floor plans
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Development
Construction
Hospitality
Retail
Commercial Property
Residential Property
Industrial Property
Agriculture (for land transactions)
Tourism
Relevant Teams
Legal
Real Estate
Sales
Business Development
Compliance
Operations
Marketing
Risk Management
Property Management
Contract Administration
Relevant Roles
Real Estate Agent
Property Manager
Legal Counsel
Property Developer
Sales Director
Business Development Manager
Compliance Officer
Contract Administrator
Real Estate Broker
Property Consultant
Asset Manager
Operations Manager
Marketing Manager
Commercial Director
Risk Manager
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