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The Commercial Listing Agreement serves as a crucial document in South African commercial real estate transactions, establishing the professional relationship between property owners and real estate agencies. It is specifically designed for use when a property owner wishes to engage a professional property practitioner to market and secure buyers or tenants for commercial property. The agreement must comply with the Property Practitioners Act 22 of 2019 and other relevant South African legislation, including consumer protection and electronic communications laws. This document typically includes detailed provisions about the property, commission structures, marketing strategies, and the agent's obligations. A Commercial Listing Agreement is particularly important in the South African context as it provides legal protection for all parties and ensures compliance with strict regulatory requirements in the commercial property sector.

1. Parties: Identification of the Property Owner/Landlord and the Estate Agency, including full legal names, registration numbers, and contact details

2. Background: Brief context setting out the owner's intention to list the property and the agent's qualification to provide the service

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

4. Property Details: Comprehensive description of the commercial property, including physical address, registration details, and current zoning

5. Appointment and Authority: Terms of the agent's appointment, whether exclusive or non-exclusive, and scope of authority granted

6. Duration: Listing period, including start date, end date, and any automatic renewal provisions

7. Agent's Obligations: Detailed listing of the agent's responsibilities, including marketing efforts, showing the property, and reporting requirements

8. Owner's Obligations: Owner's commitments, including providing access, maintaining the property, and supplying necessary documentation

9. Commission Structure: Detailed explanation of commission rates, payment terms, and triggering events

10. Marketing Terms: Specific marketing commitments, including advertising methods, signage, and budget allocation

11. Termination: Conditions under which either party may terminate the agreement and the consequences thereof

12. General Terms: Standard contractual provisions including notices, breach, dispute resolution, and governing law