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The Lease Listing Agreement is a crucial document in South African real estate practice, used when property owners wish to engage professional estate agencies to market and lease their properties. This agreement type is essential for establishing clear terms of engagement between property owners and estate agencies, defining the scope of services, commission structures, and respective obligations. It must comply with South African legislation, particularly the Property Practitioners Act 22 of 2019, the Rental Housing Act, and consumer protection laws. The document typically includes detailed provisions about property marketing strategies, agency responsibilities, owner obligations, and commission terms. It's particularly important for protecting both parties' interests and ensuring professional standards in property leasing transactions.

1. Parties: Identification and details of the Property Owner and the Estate Agency, including registration numbers and contact information

2. Background: Context of the agreement, including brief description of the property and the owner's intention to lease it through the agency

3. Definitions: Key terms used throughout the agreement, including 'Property', 'Listing Period', 'Commission', and 'Lease Agreement'

4. Appointment and Mandate: Formal appointment of the agency and scope of authority granted by the property owner

5. Property Details: Comprehensive description of the property, including physical address, registration details, and specifications

6. Agency Services: Detailed description of services to be provided by the estate agency

7. Commission Structure: Terms of payment, commission rates, and conditions for commission earning

8. Marketing and Advertising: Agreement on marketing strategies, advertising methods, and cost responsibilities

9. Duration of Mandate: Term of the agreement, including start date and termination provisions

10. Obligations of the Property Owner: Owner's responsibilities, including providing accurate information and maintaining the property

11. Obligations of the Estate Agency: Agency's duties, including professional conduct, reporting, and compliance with regulations

12. Compliance: Commitment to comply with relevant laws and regulations

13. General Provisions: Standard contractual terms including notices, breach, and dispute resolution