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The Leasing Agent Contract serves as a crucial document in Malaysian real estate transactions, establishing the formal relationship between property owners and professional leasing agents. This document is essential when property owners wish to engage qualified agents to market and lease their properties in compliance with Malaysian law. The contract encompasses key aspects such as commission structures, service scope, marketing responsibilities, and compliance requirements under the Valuers, Appraisers and Estate Agents Act 1981. It's particularly important in Malaysia's dynamic property market where professional representation is often required for successful property leasing, and where regulatory compliance is strictly enforced.

1. Parties: Identification of the principal (property owner/landlord) and the leasing agent, including registration numbers and contact details

2. Background: Context of the appointment and brief description of the property management services required

3. Definitions: Key terms used throughout the agreement including 'Property', 'Services', 'Commission', 'Lease Agreement' etc.

4. Appointment and Term: Formal appointment of the agent, duration of the agreement, and renewal terms

5. Agent's Services and Obligations: Detailed scope of services, including marketing, tenant screening, lease negotiation, and documentation

6. Principal's Obligations: Responsibilities of the property owner, including providing necessary information and documentation

7. Commission Structure: Details of fees, commission rates, payment terms, and circumstances for commission entitlement

8. Marketing and Advertising: Agreed approach to property marketing, including approved methods and budget allocation

9. Compliance Requirements: Agent's obligations to comply with relevant laws and professional standards

10. Liability and Indemnity: Allocation of risks and responsibilities between parties

11. Termination: Grounds for termination, notice periods, and post-termination obligations

12. Confidentiality: Protection of confidential information and data privacy requirements

13. General Provisions: Standard clauses including notices, governing law, and dispute resolution