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The Real Estate Referral Agreement (Real Estate) is essential for businesses operating in Indonesia's property sector who wish to formalize their referral relationships. This document is typically used when real estate agencies, property developers, or individual agents want to establish a systematic approach to sharing leads and opportunities, with clear terms for compensation. It addresses key requirements under Indonesian law, including the Basic Agrarian Law and relevant Ministry of Trade regulations governing real estate brokerage services. The agreement is particularly important in the Indonesian market where real estate transactions often involve multiple intermediaries and require careful documentation of referral relationships to ensure compliance with local regulations and tax requirements. The document includes specific provisions for commission structures, referral processes, and compliance with Indonesian property laws and regulations.

1. Parties: Identifies and provides full details of the parties entering into the agreement, including registration numbers and addresses

2. Background: Explains the context of the agreement and the parties' intentions to enter into a referral arrangement

3. Definitions: Defines key terms used throughout the agreement, including 'Referral', 'Commission', 'Qualified Lead', and 'Successful Transaction'

4. Scope of Agreement: Outlines the nature and extent of the referral relationship and territorial coverage

5. Referral Process: Details the specific procedures for making and accepting referrals, including communication methods and timeframes

6. Commission Structure: Specifies the commission rates, calculation methods, and payment terms for successful referrals

7. Obligations of Referrer: Lists the responsibilities and duties of the party making the referrals

8. Obligations of Recipient: Details the responsibilities of the party receiving and processing the referrals

9. Representations and Warranties: States the parties' assurances regarding their capacity, qualifications, and compliance with applicable laws

10. Confidentiality: Addresses the handling and protection of confidential information shared between parties

11. Term and Termination: Specifies the duration of the agreement and conditions for termination

12. Governing Law and Dispute Resolution: Establishes Indonesian law as governing law and outlines dispute resolution procedures

13. General Provisions: Includes standard clauses such as force majeure, notices, and amendments