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Commercial Listing Agreement
"Need a Commercial Listing Agreement for my retail space in Singapore's Orchard Road district, with an exclusive 6-month listing period starting January 2025 and a commission structure of 2% for sale transactions."
1. Parties: Identification of the property owner and the listing agent/agency
2. Background: Context of the agreement and brief property description
3. Definitions: Key terms used throughout the agreement
4. Appointment and Authority: Scope of agent's authority and nature of appointment (exclusive/non-exclusive)
5. Property Details: Comprehensive description of the property being listed
6. Listing Price: Agreed listing price and price modification terms
7. Commission Structure: Commission rates and payment terms
8. Duration: Term of the listing agreement
9. Obligations of Parties: Responsibilities of both agent and property owner
1. Marketing Plan: Detailed marketing strategy and activities - used for high-value properties or when specific marketing commitments are required
2. Performance Metrics: Specific targets or KPIs for the agent - used when performance-based terms are included
3. Multiple Agency Provisions: Terms governing multiple agency arrangements - used when property is listed with multiple agencies
1. Property Details Schedule: Detailed property specifications and features
2. Commission Schedule: Detailed breakdown of commission structure and calculations
3. Marketing Schedule: Detailed marketing plan and budget
4. Property Photos: Official photographs of the property
5. Required Disclosures: Mandatory disclosures required by CEA
Authors
Agent
Appointment Period
Asking Price
Business Day
Commission
Commercial Property
Completion
Confidential Information
Council for Estate Agencies
Effective Date
Exclusive Listing
Gross Floor Area
Listing Period
Marketing Materials
Net Lettable Area
Non-Exclusive Listing
Option to Purchase
Owner
Property
Protected Period
Purchase Price
Purchaser
Rental
Sale Price
Services
Signage
Singapore Dollar
Term
Transaction
Working Day
Commission
Term and Duration
Property Description
Marketing Services
Agency Obligations
Owner Obligations
Exclusivity
Price and Pricing
Transaction Process
Confidentiality
Data Protection
Representations and Warranties
Termination
Extension
Protected Period
Marketing Expenses
Signage Rights
Property Access
Indemnification
Insurance
Dispute Resolution
Governing Law
Assignment
Force Majeure
Notices
Entire Agreement
Severability
Amendments
Third Party Rights
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