Discover the Best properties on the " Island of Gods ".   Land & Houses in Bali Indonesia

Term & Condition between - The Agent - Seller - Buyer :

The land
    : The land / property, detailed overleaf, which will be marketed by the agent.
The Clients
: Is a persons who is introduced by the agent and who intends to acquire the land / property.
The Seller : Is the persons who signs the listing agreement overland and who instructing griyasari property to market the land / property.

The Seller:  
Must be the legal owner or have legal contract with the nominee title order of the land / property and they canīt alter selling price of the land / property without informing the agent. The seller agree to produce all document to verity his / her legal right to sale / lease the land / property upon request the agent whilst marketing and introducing the land / property to the clients. The seller confirm that all government taxes on the land / property have been fully paid to the legal authorities. The seller confirm that the 3rd ( third )  party, other than the nominee titleholder, has title to land / property. The seller is prohibited from making direct approaches to the clients, unless approved, in writing by the agent. The seller is encouraged to inform the agent, at any time, if the seller to terminate the marketing of the land / property undertaken by the agent. This notification must be made in the form of a letter, facsimile or email.The seller must also inform to the agent if and when the land / property has been sold / leased or is writhdraw from the market. If the seller has appointed the agent to market the land / property as "sole agent ", the agent is contracted to list the land / property for 90 days from the date of this agreement. During this period all inquires, from the date of this " listing agreement " must be handled by the agent. The seller is prohibited from dealing with other agents or 3 rd ( third ) parties whilst the land / property is listed as " sole agent " status with the agent.
All inquiries for the land / proprety must be passed  to the agent. The seller may not revoke the entitled to earn commission ( detailed overleaf ) from the seller if th eland / property is sold within the timeframes of this agreement, by any means.

The owner: confirms that all relevant detailes have been recorder on the "listing agreement" and are correct and accurate. It is the owners responsibility to inform the agent, in writing of any changes to the details conteined in the " listing agreement".
The agent is not liable to action taken by the client arising from informations which has not been supplied to the agent, either in writing or conteined in the " listing agreement" by the seller.

The Agent:  The agent ( griyasari ) property office appointed by the seller to market the land / property. The agent is licensed franchise holder of "Griyasari Property."

Upon signature overleaf, the agent has hereby been appointed by the seller to market the land / property on the basis described in the " listing agreement". The agent , on behalf of the seller, will conduct all negotiation with the clients. The agent is not liable for any action taken by the clients as a result of wrong or misleading information supplied by the seller to the agent.
The Agent will earn commmissions from the seller of the land / property once the agent has completed the sale / lease transaction of the land / property. The amount of the commissions is detailed in the " listing agreement " and will vary proportionately if there is a change in the agreed selling price paid by the clients.
The agent is entitled to receive the commission within 7 days of transaction. If the client pays deposits for the land / property and subsequently fails to complete the transaction, thereby losing the deposit, the agent is entitled to receive 50% of the deposit from the seller. ( agreed % to the agent if different .............% )

The agent accepts no liability if the agent fails to secure the sale of the land / property.
The agent recommeds that the seller engage independent legal advise in connection with the sale of the land / property.

This "listing agreement" is only valid once signed by the seller and the agent. In the case of a "multiple agent listing" the agreement is valid for 12 months.
If the sale / lease of the land  falls through due to incorrect or incomplete information supplied to The agent by the  seller,  the agent is entitled to a payment from the seller equal to the cost incurred by the agent whilst marketing and introducing the land to the clients.

Any disputes arising from breaches of this " listing agreement" are subject to the laws of the Republic of Indonesian and will ultimately be settled in government court at Denpasar, Bali , Indonesia.

 

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Griyasari Property - Jl. Gatot Subroto No. 49 - 80237 Kesiman Kertalangu - Denpasar Bali Indonesia
Tel.: +62-361-461910 . Fax: +62-361-461131 E-Mail: info@bali-properties.de
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