Scenario: A tenant views the property during the exclusive period but walks away. They return one day after the exclusive period ends to sign. Result: The exclusive template has a 30-day tail clause. The landlord still owes PropNex commission because the initial introduction happened during exclusivity.
Most agents know about the Diplomatic Clause (usually allowing a tenant to break the lease after 12 months).
In exclusive luxury leases (often using this template), the Diplomatic Clause is heavily negotiated.
Property
Term
Exclusive Agency
Rent & Payment
Deposit
Utilities & Outgoings
Repairs & Maintenance
Subletting & Assignment
Access & Inspections
Termination & Breach
Inventory & Condition Report
Commission
Notices
Governing Law & Dispute Resolution
Miscellaneous
Signatures
An agent says, "Don’t worry, the landlord is fine with a small home bakery." If it’s not written into the exclusive use clause, it’s not allowed. Always get amendments in writing as an addendum.
The keyword "exclusive" is the most misunderstood term in tenancy agreements. In the context of a PropNex template, "exclusive" refers to exclusive possession and exclusive agency, but primarily it modifies the use clause. propnex tenancy agreement template exclusive
Check that these three annexes are attached: