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The Estate Agency Agreement is a crucial document used in Indonesian property transactions to formalize the relationship between property owners and real estate agents. It is essential when engaging professional real estate services for selling or leasing property in Indonesia, whether for residential or commercial purposes. The agreement must comply with Indonesian regulations, including the Civil Code and relevant Ministry of Trade regulations governing real estate services. This document typically includes detailed provisions about the scope of services, commission structures, marketing obligations, property details, and the agent's authority to act on behalf of the owner. It serves as a protective mechanism for both parties by clearly defining their rights, responsibilities, and the terms of their business relationship. The agreement is particularly important in the Indonesian context where property transactions must adhere to specific local legal requirements and cultural business practices.

1. Parties: Identifies the property owner (Principal) and the estate agent (Agent), including their full legal names, addresses, and any relevant registration numbers

2. Background: Establishes the context of the agreement, including the property owner's intention to sell/lease the property and the agent's qualification to provide such services

3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Services', 'Commission', 'Exclusive Period' etc.

4. Appointment and Authority: Formally establishes the agent's appointment and specifies the scope of authority granted by the property owner

5. Property Details: Comprehensive description of the property including address, title details, and relevant characteristics

6. Agent's Services and Obligations: Details the specific services to be provided by the agent, including marketing, showings, and negotiation responsibilities

7. Principal's Obligations: Outlines the property owner's responsibilities, including providing accurate information and maintaining the property

8. Commission Structure: Specifies the commission rate, calculation method, and payment terms

9. Term and Termination: States the duration of the agreement and conditions for termination

10. Confidentiality: Establishes obligations regarding confidential information

11. Dispute Resolution: Outlines the process for resolving disputes between parties

12. Governing Law: Specifies that Indonesian law governs the agreement

13. Execution: Signature blocks and execution details