Ƶ

Exclusive Buyer Brokerage Agreement for Indonesia

Exclusive Buyer Brokerage Agreement Template for Indonesia

An Exclusive Buyer Brokerage Agreement under Indonesian law is a legally binding contract that establishes an exclusive relationship between a real estate broker and a property buyer. This agreement, governed by Indonesian civil law and real estate regulations, grants the broker exclusive rights to represent the buyer in property searches, negotiations, and transaction processes. The document includes comprehensive provisions for broker services, compensation structures, and mutual obligations while ensuring compliance with Indonesian consumer protection laws and property regulations. It particularly addresses specific requirements of Indonesian real estate practice, including mandatory provisions for property transactions and brokerage services as regulated by the Ministry of Trade.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Exclusive Buyer Brokerage Agreement?

The Exclusive Buyer Brokerage Agreement is essential for establishing professional real estate representation services in Indonesia's property market. This document is used when a property buyer seeks dedicated professional assistance in finding and acquiring real estate, willing to work exclusively with one broker or brokerage firm. The agreement comprehensively outlines the scope of services, exclusivity terms, compensation structure, and obligations of both parties, ensuring compliance with Indonesian real estate regulations and consumer protection laws. It's particularly important in Indonesia's complex property market, where foreign ownership restrictions, local regulations, and specific transaction requirements necessitate professional guidance. The document provides legal protection for both the broker and buyer while establishing clear parameters for the professional relationship, including specific provisions required under Indonesian law regarding property transactions and brokerage services.

What sections should be included in a Exclusive Buyer Brokerage Agreement?

1. Parties: Identification of the broker/brokerage firm and the buyer, including complete legal names, addresses, and registration numbers where applicable

2. Background: Context of the agreement, including the buyer's intention to purchase property and the broker's qualifications to provide services

3. Definitions: Key terms used throughout the agreement, including 'Exclusive Period', 'Property Requirements', 'Brokerage Services', and 'Commission'

4. Appointment and Scope of Services: Formal appointment of the broker as exclusive representative and detailed description of services to be provided

5. Exclusivity: Terms of the exclusive relationship, preventing the buyer from engaging other brokers during the agreement period

6. Term and Termination: Duration of the agreement, renewal provisions, and conditions for early termination

7. Broker's Obligations: Detailed list of broker's duties, including property search, negotiations, due diligence assistance, and professional conduct requirements

8. Buyer's Obligations: Buyer's commitments, including providing accurate requirements, maintaining exclusivity, and cooperation

9. Commission Structure: Details of broker's compensation, payment terms, and conditions triggering commission payment

10. Confidentiality: Obligations regarding confidential information shared during the engagement

11. Representations and Warranties: Statements of fact and guarantees from both parties

12. Liability and Indemnification: Extent of broker's liability and mutual indemnification provisions

13. Governing Law and Dispute Resolution: Choice of Indonesian law and dispute resolution mechanisms

14. General Provisions: Standard clauses including notices, amendments, and severability

What sections are optional to include in a Exclusive Buyer Brokerage Agreement?

1. Foreign Ownership Provisions: Required when the buyer is a foreign national, addressing specific requirements and limitations under Indonesian property law

2. Digital Communications: Optional section covering electronic communications and digital signatures when parties agree to conduct business electronically

3. Property Type Specific Terms: Additional terms specific to certain property types (commercial, industrial, residential) when the search is limited to specific categories

4. Multi-Currency Provisions: Required when transactions may involve multiple currencies, including exchange rate mechanisms

5. Sub-Agency Arrangements: Optional section when the broker may need to engage other agents or sub-brokers

6. Post-Termination Obligations: Optional detailed section about obligations that survive after agreement termination

What schedules should be included in a Exclusive Buyer Brokerage Agreement?

1. Schedule A - Property Requirements: Detailed specifications of the type of property sought, including location, size, budget, and other requirements

2. Schedule B - Commission Structure: Detailed breakdown of commission calculations, including any sliding scales or special circumstances

3. Schedule C - Broker's Services: Comprehensive list of specific services included in the broker's scope of work

4. Schedule D - Required Documents: List of documents the buyer must provide for due diligence and transaction purposes

5. Appendix 1 - Power of Attorney: Standard form of power of attorney for broker to act on buyer's behalf when required

6. Appendix 2 - Compliance Checklist: Checklist of regulatory requirements and necessary approvals for property purchase

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Service Agreement

Cost

Free to use

Find the exact document you need

Contract Of Payment

An Indonesian law-governed agreement establishing payment obligations between parties, detailing payment terms and enforcement mechanisms.

Download

Notarial Contract

An authenticated legal document executed before an Indonesian Notary Public, carrying special legal weight under Indonesian law.

Download

Distance Contract

An Indonesian law-compliant Distance Contract template for remote selling of goods or services, incorporating ITE Law and consumer protection requirements.

Download

Client Confidentiality Policy

An internal policy document establishing client confidentiality standards and procedures under Indonesian law, including PDP Law compliance requirements.

Download

Labor Agreement

An Indonesian law-compliant employment contract establishing terms and conditions between employer and employee, following Law No. 13 of 2003 and related regulations.

Download

Client Agreement Form

An Indonesian law-governed agreement establishing terms and conditions between service providers and their clients, prepared bilingually in English and Bahasa Indonesia.

Download

IT Service Level Agreement

An IT Service Level Agreement governed by Indonesian law, establishing performance metrics and service delivery standards for IT services.

Download

Bartender Contract

An Indonesian law-governed employment contract for bartenders, covering service regulations, duties, and employment terms in compliance with local labor laws.

Download

Training Agreement Between Company And Trainer

An Indonesian law-governed agreement between a company and trainer establishing terms for professional training services delivery and management.

Download

Service Bond Agreement

An Indonesian law-compliant agreement binding an employee to serve an organization for a specified period in return for training or educational investment.

Download

Reservation Contract

An Indonesian law-governed Reservation Contract establishing terms and conditions for bookings between service providers and customers.

Download

Public Service Agreement

An Indonesian law-governed agreement between government entities and service providers for public service delivery, regulated under Law No. 25 of 2009.

Download

Operation And Maintenance Contract

An Indonesian law-governed agreement for facility operation and maintenance services, defining contractor obligations, performance standards, and regulatory compliance requirements.

Download

Framework Contract In Procurement

An Indonesian law-governed framework agreement establishing terms and procedures for recurring procurement of goods or services between buyers and suppliers.

Download

Facility Letter

An Indonesian law-governed document issued by a financial institution outlining the terms and conditions of a lending facility, in compliance with Indonesian banking regulations.

Download

Exclusive Buyer Brokerage Agreement

An Indonesian law-governed agreement establishing exclusive representation rights between a real estate broker and property buyer, outlining services, obligations, and compensation terms.

Download

Enterprise Subscription Agreement

An Indonesian law-governed agreement for enterprise subscription services, establishing terms for software/service provision and usage.

Download

Development Services Agreement

An Indonesian law-governed agreement for development services delivery, covering service scope, IP rights, payments, and delivery terms.

Download

Customer Protection Agreement

An Indonesian law-compliant agreement establishing consumer rights and business obligations under Law No. 8 of 1999 on Consumer Protection.

Download

Clearing Agreement

An agreement governing clearing services and membership requirements under Indonesian law, establishing operational and regulatory compliance frameworks between clearing houses and their members.

Download

Transfer Contract

An Indonesian law-governed agreement facilitating the transfer of ownership or rights between parties, structured according to Indonesian Civil Code requirements.

Download

Payment Settlement Agreement

An Indonesian law-governed agreement that formalizes payment settlement terms and conditions between parties, establishing payment obligations and mutual releases.

Download

Dispatcher Agreement

An Indonesian law-governed agreement establishing terms and conditions for dispatch services, including operational requirements and compliance obligations.

Download

Staffing Agreement

An Indonesian law-governed agreement between a staffing provider and client company for the provision of temporary or permanent staffing services, ensuring compliance with local labor regulations.

Download

Data Processing Agreement

An Indonesian law-governed agreement defining terms and conditions for personal data processing between a data controller and processor, ensuring compliance with Law No. 27 of 2022.

Download

Landscape Contract

An Indonesian law-governed contract for landscaping services, including design, installation, and maintenance terms, aligned with local construction and environmental regulations.

Download

Simple Consulting Agreement

An Indonesian law-compliant consulting agreement template establishing key terms for professional service arrangements between consultants and clients.

Download

Mechanic Service Agreement

An Indonesian law-governed agreement establishing terms and conditions for mechanical service provision, including scope, standards, and obligations of both parties.

Download

Loan Guarantee Agreement

An Indonesian law-governed agreement where a guarantor commits to fulfill a borrower's financial obligations to a lender in case of default.

Download

Childcare Agreement

An Indonesian law-compliant agreement establishing terms and conditions between childcare providers and parents/guardians for childcare services.

Download

Business Consulting Agreement

An Indonesian law-governed agreement establishing terms and conditions for professional consulting services, defining scope, payments, deliverables, and obligations between consultants and clients.

Download

Public Sector Agreement

Standard Indonesian public sector procurement agreement template complying with national procurement laws and regulations.

Download

IT Service Agreement

An Indonesian law-governed agreement establishing terms and conditions for IT service provision, ensuring compliance with local regulations including the ITE Law.

Download

Security Service Agreement

An Indonesian law-governed agreement for the provision of professional security services, establishing terms between a licensed security provider and client.

Download

Letter For Payment Agreement

An Indonesian-law governed formal letter establishing payment terms and conditions between parties, structured to comply with local legal requirements while maintaining a straightforward format.

Download

Spousal Agreement

An Indonesian law-governed agreement between spouses establishing property rights, financial arrangements, and marital obligations.

Download

HVAC Service Contract

An Indonesian law-governed agreement for HVAC system maintenance and repair services, outlining service terms, technical requirements, and compliance standards.

Download

Training Bond Agreement

An Indonesian law-compliant agreement binding an employee to serve an employer for a specified period in return for receiving specialized training.

Download

Service Occupancy Agreement

An Indonesian law agreement establishing terms for employee accommodation as part of employment, linking residential rights to ongoing employment status.

Download

Painter Contract

An Indonesian law-governed agreement for painting services that defines scope, terms, and conditions between client and painter.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it