Listing Agent Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Listing Agent Agreement

"I need a Listing Agent Agreement for a luxury residential property in Dubai Marina, with exclusive rights for 6 months starting March 2025, including international marketing provisions and a tiered commission structure based on the final sale price."

Document background

The Listing Agent Agreement is essential for formalizing the relationship between property owners and real estate agents in the UAE market. This document is used when a property owner wishes to engage a licensed real estate agent to market and facilitate the sale or lease of their property. The agreement must comply with UAE Federal Laws, including UAE Federal Law No. 5 of 1985 (Civil Code), and specific emirate-level regulations such as Dubai's RERA requirements or Abu Dhabi's real estate laws. It details crucial elements including the agent's scope of authority, commission structures, marketing responsibilities, property details, and regulatory compliance requirements. The document is particularly important in the UAE market where real estate transactions must follow strict regulatory guidelines and where agents must be properly licensed to operate.

Suggested Sections

1. Parties: Identification of the Property Owner and the Licensed Real Estate Agent/Broker, including license numbers and contact details

2. Background: Context of the agreement and confirmation of the agent's authority to act

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

4. Appointment and Scope: Terms of the agent's appointment and detailed scope of services to be provided

5. Property Details: Specific information about the property being listed, including location, type, and features

6. Listing Terms: Listing price, duration, and any specific conditions for the sale/lease

7. Agent's Obligations: Detailed responsibilities of the agent including marketing, showings, and reporting

8. Owner's Obligations: Property owner's responsibilities and commitments during the listing period

9. Commission Structure: Details of the agent's commission, payment terms, and conditions for commission earning

10. Marketing Authorization: Permissions for advertising, use of images, and marketing activities

11. Regulatory Compliance: Compliance with UAE real estate laws and RERA regulations

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

13. Liability and Indemnification: Allocation of risks and responsibilities between parties

14. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution procedures

Optional Sections

1. Exclusivity Clause: Used when the agreement is exclusive, preventing the owner from engaging other agents

2. International Marketing: Additional provisions for marketing the property internationally

3. Virtual Tours and Digital Marketing: Specific provisions for digital marketing and virtual showing services

4. Property Management: Additional services for managing the property during the listing period

5. Multiple Language Provisions: Used when the agreement needs to be in multiple languages (typically Arabic and English)

6. Sub-Agency Authorization: Provisions allowing the agent to work with other agents

7. Special Property Features: Used for unique properties requiring special marketing or handling

Suggested Schedules

1. Schedule A - Property Details: Detailed description of the property, including title deed details, size, and specifications

2. Schedule B - Marketing Plan: Detailed marketing strategy and activities to be undertaken

3. Schedule C - Commission Structure: Detailed breakdown of commission rates and payment terms

4. Schedule D - Property Images: Approved photographs and floor plans of the property

5. Schedule E - Agent's License and Credentials: Copies of required licenses and certifications

6. Appendix 1 - RERA Guidelines: Relevant RERA regulations and requirements

7. Appendix 2 - Marketing Materials: Templates or samples of approved marketing materials

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Development

Commercial Property

Residential Property

Retail Property

Industrial Property

Hospitality

Mixed-Use Development

Luxury Real Estate

Relevant Teams

Legal

Real Estate

Sales

Compliance

Operations

Business Development

Property Management

Contract Administration

Document Control

Relevant Roles

Real Estate Agent

Property Broker

Real Estate Manager

Property Manager

Sales Director

Business Development Manager

Legal Counsel

Compliance Officer

Real Estate Operations Manager

Property Sales Executive

Contract Administrator

Real Estate Portfolio Manager

Commercial Real Estate Broker

Residential Sales Manager

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Let's create your Listing Agent Agreement

Authors

Alex Denne

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