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Property Finders Fee Agreement Template for Indonesia

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Key Requirements PROMPT example:

Property Finders Fee Agreement

"I need a Property Finder's Fee Agreement for my luxury villa development in Bali, Indonesia, with an exclusive arrangement and a 5% finder's fee structure for any successful sales completed before June 2025."

Document background
The Property Finder's Fee Agreement is essential for Indonesian real estate transactions where property owners engage professional finders to identify potential buyers or tenants. This document type is commonly used in the Indonesian property market to formalize arrangements between property owners and professional finders, establishing clear terms for services and compensation. The agreement needs to comply with Indonesian Civil Code requirements, real estate regulations, and relevant tax laws. It typically includes detailed provisions about the property, scope of services, fee calculations, payment terms, and conditions for earning the fee. The document is particularly important in Indonesia's dynamic property market, where clear documentation of finder's rights and obligations helps prevent disputes and ensures compliance with local business practices and regulations. The agreement can be customized for various property types, from residential to commercial, and can accommodate both domestic and international transactions while maintaining compliance with Indonesian law.
Suggested Sections

1. Parties: Identifies and provides full details of the property owner/seller and the finder, including registration numbers and addresses

2. Background: Sets out the context of the agreement, including the owner's desire to sell/lease the property and the finder's expertise in locating potential buyers/tenants

3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Successful Transaction', 'Finder's Fee', and 'Prospective Buyer'

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

5. Finder's Obligations: Lists the specific duties and responsibilities of the finder, including marketing efforts and reporting requirements

6. Property Owner's Obligations: Outlines the property owner's responsibilities, including providing accurate information and access to the property

7. Fee Structure and Payment Terms: Details the finder's fee calculation method, payment timing, and any conditions precedent

8. Term and Termination: Specifies the duration of the agreement and circumstances under which it can be terminated

9. Confidentiality: Establishes obligations regarding confidential information and its protection

10. Representations and Warranties: Contains standard representations and warranties from both parties

11. Governing Law and Dispute Resolution: Specifies Indonesian law as governing law and sets out dispute resolution procedures

Optional Sections

1. Exclusivity: Optional clause granting the finder exclusive rights to find buyers/tenants for the property

2. Protection Period: Defines a period after agreement termination during which the finder remains entitled to fees for introduced parties

3. Additional Services: Details any additional services the finder may provide beyond basic introduction services

4. International Transactions: Additional provisions for dealing with international buyers/tenants

5. Force Majeure: Provisions for handling unforeseen circumstances that prevent performance

6. Anti-Money Laundering: Additional compliance requirements for high-value transactions

7. Marketing Authorization: Specific permissions for marketing the property, including use of photographs and details

Suggested Schedules

1. Property Details: Detailed description of the property, including address, title details, and specifications

2. Fee Schedule: Detailed breakdown of fees, including any sliding scales or special circumstances

3. Approved Marketing Materials: List of approved property descriptions, photographs, and marketing materials

4. Required Documentation: List of documents required from potential buyers/tenants

5. Service Level Agreement: Detailed performance metrics and service standards for the finder

6. Compliance Checklist: List of regulatory requirements and necessary compliance steps

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






































Clauses





































Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Industrial Property

Property Management

Construction

Property Investment

Real Estate Brokerage

Hospitality

Relevant Teams

Legal

Real Estate

Property Management

Sales

Business Development

Compliance

Finance

Operations

Contract Administration

Investment

Relevant Roles

Real Estate Agent

Property Consultant

Business Development Manager

Property Manager

Real Estate Broker

Property Finder

Estate Agent

Real Estate Development Manager

Property Sales Director

Legal Counsel

Contract Manager

Real Estate Investment Manager

Property Portfolio Manager

Commercial Property Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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