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The Exclusive Real Estate Agent Contract is a crucial document used in Pakistani real estate transactions when a property owner wishes to grant exclusive rights to a single agent or agency for the marketing and sale/lease of their property. This document is particularly important in high-value property transactions or when comprehensive marketing services are required. It provides legal protection for both parties by clearly defining the exclusive nature of the appointment, commission structures, and respective obligations. The contract must comply with Pakistani legal requirements, including the Contract Act 1872, Transfer of Property Act 1882, and relevant provincial real estate regulations. It typically includes detailed marketing commitments, property information, commission terms, and protection periods, making it essential for professional real estate transactions in Pakistan's property market.

1. Parties: Identification of the property owner/seller and the exclusive real estate agent, including their complete contact details and any relevant license numbers

2. Background: Context of the agreement, including the property owner's intention to sell/lease the property and desire to appoint an exclusive agent

3. Definitions: Key terms used in the agreement including 'Property', 'Exclusive Period', 'Commission', 'Closing', and other relevant terms

4. Appointment and Scope: Explicit statement of exclusive appointment and detailed scope of agent's services

5. Term and Exclusivity: Duration of the exclusive agreement and specific terms of exclusivity

6. Agent's Rights and Obligations: Detailed listing of agent's responsibilities, marketing commitments, and rights in representing the property

7. Property Owner's Obligations: Owner's commitments, including providing accurate information and maintaining exclusivity

8. Commission Structure: Detailed breakdown of commission rates, payment terms, and conditions for commission becoming due

9. Marketing and Promotion: Specific requirements for property marketing, advertising, and promotion activities

10. Property Information: Details of the property, including location, specifications, and selling/leasing price range

11. Termination: Conditions and process for terminating the agreement, including notice requirements

12. Governing Law: Specification of Pakistani law as governing law and relevant jurisdiction

13. General Provisions: Standard clauses including notices, amendments, and entire agreement provisions