1. Parties: Identifies the principal (property owner) and the agent (licensed real estate broker/agency), including their complete legal names, addresses, and license details for the agent
2. Background: Explains the context of the agreement, including brief property details and the owner's intention to sell through an agent
3. Definitions: Defines key terms used throughout the agreement, including 'Property', 'Listing Price', 'Commission', 'Exclusive Agency', etc.
4. Appointment and Scope of Authority: Details the appointment of the agent and the specific powers granted to them in representing the property sale
5. Property Details: Comprehensive description of the property, including address, title details, and relevant characteristics
6. Listing Price and Commission: Specifies the agreed listing price range and the agent's commission structure, including when and how it becomes payable
7. Term and Termination: Defines the duration of the agreement, renewal provisions, and circumstances for termination
8. Agent's Obligations: Lists all duties and responsibilities of the agent, including marketing efforts, showing the property, and reporting requirements
9. Principal's Obligations: Outlines the property owner's responsibilities, including providing access, maintaining the property, and disclosure requirements
10. Marketing and Advertising: Details the agreed marketing strategy, including types of advertising and associated costs
11. Representations and Warranties: Statements of fact and guarantees from both parties regarding their capacity and authority
12. Liability and Indemnification: Addresses risk allocation between parties and insurance requirements
13. Dispute Resolution: Outlines the process for resolving disputes, including mediation or arbitration procedures
14. Governing Law: Specifies that Philippine law governs the agreement and relevant jurisdictional matters
15. General Provisions: Standard clauses including entire agreement, amendments, notices, and severability
