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The Rental Agency Agreement serves as a crucial legal framework for property owners seeking professional assistance in managing their rental properties in Indonesia. This document is essential when property owners wish to delegate the marketing, tenant screening, rental collection, and potentially property management responsibilities to a professional agency. The agreement, governed by Indonesian law and regulations, particularly the Civil Code (KUH Perdata) and relevant real estate regulations, establishes clear parameters for the agency relationship, including scope of authority, commission structures, and service obligations. It's commonly used by both individual and corporate property owners, and can cover residential, commercial, or mixed-use properties. The document is designed to protect both parties' interests while ensuring compliance with local property management and agency regulations.

1. Parties: Identification of the Property Owner and the Rental Agency, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including the owner's intention to rent out property and appointment of the agency

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Rental Period', 'Commission', 'Tenant', etc.

4. Appointment and Authority: Formal appointment of the agency and scope of authority granted by the property owner

5. Agency Services: Detailed description of services to be provided by the rental agency

6. Term and Termination: Duration of the agreement and conditions for termination

7. Commission Structure: Details of agency fees, commission rates, and payment terms

8. Obligations of the Agency: Specific duties and responsibilities of the rental agency

9. Obligations of the Property Owner: Specific duties and responsibilities of the property owner

10. Property Marketing: Terms regarding property advertising and promotion

11. Tenant Selection and Screening: Process and criteria for tenant selection

12. Rental Collection and Remittance: Terms for handling rental payments and transfer to owner

13. Representations and Warranties: Standard declarations by both parties

14. Liability and Indemnification: Risk allocation between parties and liability limitations

15. Governing Law: Specification of Indonesian law as governing law

16. Dispute Resolution: Process for handling disagreements and jurisdictional matters