Exclusive Rental Listing Agreement Template for Australia

The Exclusive Rental Listing Agreement is a crucial document in Australian real estate practice, used when property owners wish to establish an exclusive relationship with a single real estate agency for leasing their property. This agreement is typically employed when owners seek professional property marketing and tenant acquisition services, wanting to ensure focused attention from their chosen agency. The document grants the appointed agency sole rights to advertise, market, and secure tenants for the property during a specified period. It includes comprehensive details about services, fees, marketing strategies, and obligations of both parties, while ensuring compliance with Australian federal and state-specific real estate regulations. This type of agreement is particularly valuable in competitive markets where property owners want dedicated service and agencies require security in their marketing investment.

1. Parties: Identification of the property owner/landlord and the real estate agency, including full legal names, ABN/ACN, and contact details

2. Background: Context of the agreement, including property owner's intention to lease the property and appointment of the agent

3. Definitions: Definitions of key terms used throughout the agreement, including 'Exclusive Agency Period', 'Property', 'Services', and 'Commission'

4. Appointment and Authority: Formal appointment of the agent as exclusive leasing agent and scope of authority granted

5. Duration of Agreement: Specification of the exclusive agency period, including start and end dates

6. Agent's Services: Detailed description of services to be provided by the agent, including marketing, tenant screening, and property showing

7. Agent's Obligations: Key responsibilities and duties of the agent, including compliance with relevant laws and professional standards

8. Property Owner's Obligations: Responsibilities of the property owner, including providing accurate information and maintaining the property

9. Fees and Commission: Detailed breakdown of all fees, commission structures, and payment terms

10. Marketing and Advertising: Specific arrangements for property marketing, including types of advertising and associated costs

11. Termination: Conditions and process for terminating the agreement

12. Dispute Resolution: Process for handling disputes between parties

13. General Provisions: Standard legal provisions including governing law, entire agreement, and severability