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The Exclusive Seller Representation Agreement is a crucial document in Malaysian real estate transactions that establishes a legally binding relationship between a property owner and a real estate agency. This agreement type is commonly used when property owners want to ensure coordinated marketing efforts and clear accountability in the sales process. The document complies with Malaysian real estate regulations, particularly the Valuers, Appraisers, Estate Agents and Property Managers Act 1981 and related regulations. It specifies the exclusive rights granted to the agency, details commission structures, outlines marketing strategies, and defines the obligations of all parties involved. The agreement is particularly important in protecting both the agent's interests in investing resources into marketing the property and the seller's interests in ensuring professional representation. It includes specific provisions for the Malaysian market context and local property practices, making it distinct from similar agreements in other jurisdictions.

1. Parties: Identifies the seller and the real estate agency, including their full legal names, registration numbers, and addresses

2. Background: Explains the context of the agreement, including the seller's intention to sell the property and appoint the agent exclusively

3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Exclusive Period', 'Asking Price', and 'Commission'

4. Appointment and Scope: Details the exclusive appointment of the agent and the specific services to be provided

5. Duration: Specifies the length of the exclusive arrangement and any renewal provisions

6. Agent's Obligations: Lists all duties and responsibilities of the agent, including marketing, showing the property, and reporting

7. Seller's Obligations: Outlines the seller's responsibilities, including providing accurate information and access to the property

8. Commission Structure: Details the commission rate, payment terms, and conditions under which commission becomes payable

9. Marketing and Advertising: Specifies the agreed marketing approach, advertising methods, and related costs

10. Confidentiality: Addresses the handling of confidential information about the seller and the property

11. Termination: States the conditions under which either party may terminate the agreement

12. Governing Law: Confirms that the agreement is governed by Malaysian law

13. Execution: Formal signing section with space for signatures, witnesses, and dates