Common use of Commission Clause in Contracts

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 8 contracts

Samples: firstclassrealty.ca, 35.182.136.122, crm.agentlocator.ca

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Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of............................% of the sale price of the Property or ........................................................................................................................................ or................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within. days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 6 contracts

Samples: Listing Agreement, Listing Agreement, Listing Agreement

Commission. In consideration of the Listing Brokerage listing showing the Property to the Buyer and/or introducing the Buyer to the Seller for the purpose of discussing the sale or lease of the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out ................................................................................................................................................................................................ for any valid offer to purchase or lease the Property entered into between the Seller and the Buyer during the term of this Agreement. Seller acknowledges that the commission as described above is payable to the Brokerage even if the Seller pays enters into an agreement to pay commission to another registered real estate brokerage during the Listing Brokeragecurrency of this Agreement or any extension thereof. The Seller further agrees to pay such commission as calculated above if an agreement with the Buyer to purchase or lease the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase or lease of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the PropertyProperty or, in the case of a lease or tenancy, the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for commencement of the lease or tenancy. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 3 contracts

Samples: crm.agentlocator.ca, fuadhomes.com, realestate-lms.training.com

Commission. In consideration of the Listing Brokerage listing the PropertyProperty for sale, the Seller agrees to pay the Listing Brokerage a commission of ...............of.............................% of the sale price of the Property or ........................................................................................................................................ or................................................................................................................................. .. .................................................................................................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within...................days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Seller‘s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. In the event the buyer fails to complete the purchase and the deposit or any part thereof becomes forfeited, awarded, directed or released to the Seller, the Seller then authorizes the Listing Brokerage to retain as commission for services rendered, fifty (50%) per cent of the amount of the said deposit forfeited, awarded, directed or released to the Seller (but not to exceed the commission payable had a sale been consummated) and to pay the balance of the deposit to the Seller. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 3 contracts

Samples: Listing Agreement, Listing Agreement, Listing Agreement

Commission. In consideration of the Listing Brokerage listing the PropertyProperty for sale, the Seller agrees to pay the Listing Brokerage a commission of ............................................ % of the sale price of the Property or ........................................................................................................................................ .............................................................................................................................. ................................................................................................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) ), and to offer to pay the co-operating brokerage a commission of ................. % of the sale price of the Property or ............................................................................. ............................................................................................................................. out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Seller‘s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. In the event the buyer fails to complete the purchase and the deposit or any part thereof becomes forfeited, awarded, directed or released to the Seller, the Seller then authorizes the Listing Brokerage to retain as commission for services rendered, fifty (50%) per cent of the amount of the said deposit forfeited, awarded, directed or released to the Seller (but not to exceed the commission payable had a sale been consummated) and to pay the balance of the deposit to the Seller. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 3 contracts

Samples: fuadhomes.com, fuadhomes.com, www.skewinassociates.com

Commission. In consideration of the Listing Brokerage listing the PropertyProperty for sale, the Seller agrees to pay the Listing Brokerage a commission of ...............of.............................% of the sale price of the Property or ........................................................................................................................................ or................................................................................................................................... .................................................................................................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within...................days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Seller‘s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. In the event the buyer fails to complete the purchase and the deposit or any part thereof becomes forfeited, awarded, directed or released to the Seller, the Seller then authorizes the Listing Brokerage to retain as agreed compensation for services rendered, fifty (50%) per cent of the amount of the said deposit forfeited, awarded, directed or released to the Seller (but not to exceed the commission payable had a sale been consummated) and to pay the balance of the deposit to the Seller. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 3 contracts

Samples: Listing Agreement, Listing Agreement, Listing Agreement

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of............................% of the sale price of the Property or ........................................................................................................................................ or.................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 2 contracts

Samples: Listing Agreement, Listing Agreement

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of............................% of the sale price of the Property or ........................................................................................................................................ or.................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property property from any source whatsoever during the Listing Period or shown the Property property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 2 contracts

Samples: Listing Agreement, Listing Agreement

Commission. In consideration of the Listing Brokerage listing the Property, the Seller Landlord agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ of: ................................................................................................................ for any valid offer to purchase lease the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller Landlord may accept. Said commission to be payable on the earlier of occupancy by the Tenant or execution of the Lease. The Seller Landlord authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) ), and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller Landlord pays the Listing Brokerage. The Seller Landlord further agrees to pay such commission as calculated above if an agreement to purchase lease is agreed to or accepted by the Seller Landlord or anyone on the SellerLandlord’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of to lease the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Landlord‘s liability for commission shall be reduced by the amount paid by the Seller Landlord under the new agreement. The Seller Landlord further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase lease agreed to or accepted by the Seller Landlord or anyone on the SellerLandlord’s behalf is not completed, if such non-completion is owing or attributable to the SellerLandlord’s default or neglect, said commission to be payable on the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for completion commencement of the lease or tenancy. If a lease the Listing Brokerage arranges contains an option to extend or renew, the Landlord agrees to notify the Listing Brokerage of the exercising of said option and to pay the Listing Brokerage upon the exercising of the said option or any future option, a further commission of: ....................................................................................................................... of the total rent for the term of such lease extension or renewal. It is understood and agreed that the said further commission is to be paid on the earlier of the date of execution of the extension or renewal or the date the extension or renewal commences. If a tenant to whom the Listing Brokerage rented or leased the Property effects an offer to purchase the Property during the tenancy period or any renewal of the tenancy agreement, the Landlord agrees to pay the Listing Brokerage a commission of .................. % of the sale price of the Property or for the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the SellerLandlord’s solicitor not be sufficient, the Seller Landlord shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 2 contracts

Samples: firstclassrealty.ca, firstclassrealty.ca

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale (indicate any incentive or +/- adjustment) price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 2 contracts

Samples: crm.agentlocator.ca, crm.agentlocator.ca

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: fuadhomes.com

Commission. In consideration of the Listing Brokerage listing showing the Property to the Buyer and/or introducing the Buyer to the Seller for the purpose of discussing the sale or lease of the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of. % of the sale price of the Property or ........................................................................................................................................ or.................................................................................................................................................................................................... for any valid offer to purchase or lease the Property from any source whatsoever obtained entered into between the Seller and the Buyer during the Listing Period and on term of this Agreement. Seller acknowledges that the terms and conditions set out in this Agreement OR such other terms and conditions commission as described above is payable to the Brokerage even if the Seller may accept. The Seller authorizes the Listing Brokerage enters into an agreement to co-operate with any other pay commission to another registered real estate brokerage (co-operating brokerage) and to offer to pay during the co-operating brokerage a commission currency of % of the sale price of the Property this Agreement or out of the commission the Seller pays the Listing Brokerageany extension thereof. The Seller further agrees to pay such commission as calculated above if an agreement with the Buyer to purchase or lease the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within. days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase or lease of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the PropertyProperty or, in the case of a lease or tenancy, the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for commencement of the lease or tenancy. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: www.reboxu.com

Commission. In consideration of the Listing Brokerage listing introducing the Buyer to the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of..............................% of the sale price of the Property or ........................................................................................................................................ or................................................................................................................................ ................................................................................................................................................................................................................... for any valid offer to purchase or lease the Property from any source whatsoever obtained entered into between the Seller and the Buyer during the Listing Period and on term of this Agreement. Seller acknowledges that the terms and conditions set out in this Agreement OR such other terms and conditions commission as described above is payable to the Brokerage even if the Seller may accept. The Seller authorizes the Listing Brokerage enters into an agreement to co-operate with any other pay commission to another registered real estate brokerage (co-operating brokerage) and to offer to pay during the co-operating brokerage a commission currency of % of the sale price of the Property this Agreement or out of the commission the Seller pays the Listing Brokerageany extension thereof. The Seller further acknowledges that the commission described above is payable to the Brokerage in addition to any commission payable by the Seller to the Seller’s listing brokerage. The Seller agrees to pay such commission as calculated above if an agreement with the Buyer to purchase or lease the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within. days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase or lease of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the PropertyProperty or, in the case of a lease or tenancy, the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for commencement of the lease or tenancy. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.. INITIALS OF BROKERAGE: INITIALS OF SELLER(S):

Appears in 1 contract

Samples: www.listmenow.ca

Commission. In consideration of the Listing Brokerage listing introducing the Buyer to the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of..............................% of the sale price of the Property or ........................................................................................................................................ or................................................................................................................................ ................................................................................................................................................................................................................... for any valid offer to purchase or lease the Property from any source whatsoever obtained entered into between the Seller and the Buyer during the Listing Period and on term of this Agreement. Seller acknowledges that the terms and conditions set out in this Agreement OR such other terms and conditions commission as described above is payable to the Brokerage even if the Seller may accept. The Seller authorizes the Listing Brokerage enters into an agreement to co-operate with any other pay commission to another registered real estate brokerage (co-operating brokerage) and to offer to pay during the co-operating brokerage a commission currency of % of the sale price of the Property this Agreement or out of the commission the Seller pays the Listing Brokerageany extension thereof. The Seller further acknowledges that the commission described above is payable to the Brokerage in addition to any commission payable by the Seller to the Seller’s listing brokerage. The Seller agrees to pay such commission as calculated above if an agreement with the Buyer to purchase or lease the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase or lease of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the PropertyProperty or, in the case of a lease or tenancy, the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for commencement of the lease or tenancy. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.. INITIALS OF BROKERAGE: INITIALS OF SELLER(S):

Appears in 1 contract

Samples: Seller Commission Agreement

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of……………………….% of the sale price of the Property or ........................................................................................................................................ or………………………………………………………………………………………………………… ……….. for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within… days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: Listing Agreement

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Commission. Broker shall seek to be paid a commission from the listing broker under a cooperative brokerage arrangement or from a prospective seller if there is no listing broker. In consideration the event the prospective seller or listing broker does not pay Broker a commission, then Buyer shall pay Broker at time of closing the following commission on all real property in Georgia which Buyer purchases or contracts to purchase or exchange during the term of this Agreement whether or not the property has been identified to Buyer by Broker: [Select one or more of the Listing Brokerage listing following sections below. The sections not marked shall not be a part of this Agreement]: † $_____N/A____________; † (Other)___N/A__________; † ______________________ percent (%) of the Propertysales price; (to be determined by property selection) In addition, if Buyer leases property or enters into a lease/purchase contract during this Agreement, and the Seller agrees landlord does not agree to pay Broker a leasing commission, Buyer shall also pay Broker for the Listing Brokerage duration of the lease and any renewal or extension thereof a commission of ...............________________ (to be determined by property selection) from the rent paid by Buyer to Landlord thereunder. Furthermore, in the event that during the Protected Period, as that term is defined below, following termination or expiration of this Brokerage Agreement, Buyer purchases, contracts to purchase or exchange, leases or lease purchases any property which during the term of this Agreement was submitted to, identified or shown to Buyer by Broker or for which Broker provided information about to Buyer, then Buyer shall pay Broker at closing or the commencement of any lease, if applicable, the commission or commissions set forth above. The term “Protected Period” shall refer to the __120_____ day period following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and Buyer. In addition, if this Agreement is terminated by Buyer without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining on the term of the Agreement at the time it was terminated early without the express written consent of Broker. In such event, the Protected Period shall commence from the date this Agreement was terminated early without the express, written consent of Broker. For the purposes of this Agreement, the term “Buyer” shall include Buyer, all members of the Buyer’s immediate family, any legal entity in which Buyer or any member of Buyer’s immediate family owns or controls, directly or indirectly, more than 10% of the sale price shares or interests therein, and any third party who is acting under the direction or control of any of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may acceptabove parties. The Seller authorizes commission rights and obligations set forth herein shall survive the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property termination or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commissionthis Agreement.

Appears in 1 contract

Samples: www.pncrealty.com

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price (indicate any incentive or +/- adjustment) of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: crm.agentlocator.ca

Commission. In consideration of the Listing Brokerage listing showing the Property to the Buyer and/or introducing the Buyer to the Seller for the purpose of discussing the sale of the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out ............................................................................................................................................................................................... ............................................................................................................................................................................................................... for any valid offer to purchase the Property entered into between the Seller and the Buyer during the term of this Agreement. Seller acknowledges that the commission as described above is payable to the Brokerage even if the Seller pays enters into an agreement to pay commission to another registered real estate brokerage during the Listing Brokeragecurrency of this Agreement or any extension thereof. The Seller further agrees to pay such commission as calculated above if an agreement with the Buyer to purchase the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within ............................................................. days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: www.skewinassociates.com

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ..........................4...% of the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: Listing Agreement

Commission. In consideration of the Listing Brokerage listing introducing the Buyer to the Property, the Seller agrees to pay the Listing Brokerage a commission of ........................................... % of the sale price of the Property or ........................................................................................................................................ ............................................................................................................................ ................................................................................................................................................................................................................ for any valid offer to purchase or lease the Property from any source whatsoever obtained entered into between the Seller and the Buyer during the Listing Period and on term of this Agreement. Seller acknowledges that the terms and conditions set out in this Agreement OR such other terms and conditions commission as described above is payable to the Brokerage even if the Seller may accept. The Seller authorizes the Listing Brokerage enters into an agreement to co-operate with any other pay commission to another registered real estate brokerage (co-operating brokerage) and to offer to pay during the co-operating brokerage a commission currency of % of the sale price of the Property this Agreement or out of the commission the Seller pays the Listing Brokerageany extension thereof. The Seller further acknowledges that the commission described above is payable to the Brokerage in addition to any commission payable by the Seller to the Seller’s listing brokerage. The Seller agrees to pay such commission as calculated above if an agreement with the Buyer to purchase or lease the Property is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Periodthis Agreement. If, however, the offer from the Buyer for the purchase or lease of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, and if the new agreement was entered into after the expiration of this Agreement, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated described above even if the transaction contemplated by an agreement to purchase or lease agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said . The commission to as described above shall be payable on the date set for completion of the purchase of the Property. Any deposit Property or, in respect the case of any agreement where a lease or tenancy, the transaction has been completed shall first be applied to reduce earlier of the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or date of occupancy by the Seller’s solicitor not be sufficient, tenant or the Seller shall be liable to pay to execution of the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts lease or the date set out as commission are to be paid plus applicable taxes on such commissionfor commencement of the lease or tenancy.

Appears in 1 contract

Samples: crm.agentlocator.ca

Commission. In consideration of the Listing Brokerage listing the Property, the Seller Landlord agrees to pay the Listing Brokerage a commission of ...............% of the sale price of the Property or ........................................................................................................................................ of: .................................................................................................................................................................................................................... for any valid offer to purchase lease the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller Landlord may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller Landlord further agrees to pay such commission as calculated above if an agreement to purchase lease is agreed to or accepted by the Seller Landlord or anyone on the SellerLandlord’s behalf within within...................days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property property from any source whatsoever during the Listing Period or shown the Property property during the Listing Period. If, however, the offer for the purchase of lease the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Landlord‘s liability for commission shall be reduced by the amount paid by the Seller Landlord under the new agreement. The Seller Landlord further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase lease agreed to or accepted by the Seller Landlord or anyone on the SellerLandlord’s behalf is not completed, if such non-completion is owing or attributable to the SellerLandlord’s default or neglect, said commission to be payable on the earlier of the date of occupancy by the tenant or the execution of the lease or the date set for completion commencement of the lease or tenancy. If a lease the Listing Brokerage arranges contains an option to extend or renew, the Landlord agrees to notify the Listing Brokerage of the exercising of said option and to pay the Listing Brokerage upon the exercising of the said option or any future option, a further commission of: .................................................................................................................................................................................................................... of the total rent for the term of such lease extension or renewal. It is understood and agreed that the said further commission is to be paid on the earlier of the date of execution of the extension or renewal or the date the extension or renewal commences. If a tenant to whom the Listing Brokerage rented or leased the Property effects an offer to purchase the Property during the tenancy period or any renewal of the tenancy agreement, the Landlord agrees to pay the Listing Brokerage a commission of % of the sale price of the Property or ...................................................................................................................................................................... for the purchase of the Property. INITIALS OF LISTING BROKERAGE: INITIALS OF LANDLORD(S): Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the SellerLandlord’s solicitor not be sufficient, the Seller Landlord shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: Listing Agreement

Commission. In consideration of the Listing Brokerage listing the PropertyProperty for sale, the Seller agrees to pay the Listing Brokerage a commission of ............................................ % of the sale price of the Property or ........................................................................................................................................ .............................................................................................................................. ................................................................................................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on Period, as may be acceptable to the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may acceptSeller. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) ), and to offer to pay the co-operating brokerage a commission of ................. % of the sale price of the Property or ............................................................................. ............................................................................................................................. out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s Seller‘s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. In the event the buyer fails to complete the purchase and the deposit or any part thereof becomes forfeited, awarded, directed or released to the Seller, the Seller then authorizes the Listing Brokerage to retain as commission for services rendered, fifty (50%) per cent of the amount of the said deposit forfeited, awarded, directed or released to the Seller (but not to exceed the commission payable had a sale been consummated) and to pay the balance of the deposit to the Seller. All amounts set out as commission are to be paid plus applicable taxes on such commission.

Appears in 1 contract

Samples: www.lennard.com

Commission. In consideration the event Broker produces a buyer ready, willing and able to close on the Transfer of Property on the terms 40 provided in this Agreement, then Seller shall pay Broker a commission in the amount of % [percent] of the Listing Brokerage listing Purchase Price ("Sale 41 Commission") plus $ ("Additional Fee"). In the Propertyevent Seller enters into a leasing agreement with a tenant during the 42 term of this Agreement, the Seller agrees to pay the Listing Brokerage Broker a rental commission of ...............% of ("Rental 43 Commission") plus $ ("Additional Rental Fee"). In the sale price of the Property or ........................................................................................................................................ for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property from any source whatsoever during the Listing Period or shown the Property during the Listing Period. If, however, the offer for the purchase of event the Property is later purchased by the tenant, or an option to 44 purchase is later granted to and exercised by tenant, then in addition to the Rental Commission and Additional Rental Fee, Seller must pay 45 Broker the Sale Commission and Additional Fee. The Sale Commission, Additional Fee, Rental Commission and Additional Rental Fee are 46 referred to collectively as "Commission". Broker shall be entitled to the Commission pursuant to this Agreement (a) upon the closing of any 47 Transfer of Property prior to the Termination Date, regardless of whether the Transfer of Property resulted from the service and/or effort of 48 the Broker, Designated Agent, Seller or any other persons or entities; or (b) upon the closing of any Transfer of Property within 180 days after 49 the Termination Date to any person to whom the Property was submitted prior to the Termination Date. Notwithstanding the foregoing, if (i) 50 the Property is residential property of four units or less, (ii) the Termination Date has passed, and (iii) Seller has entered into a new valid, bona 51 fide, written listing agreement in writing to pay commission to with another registered licensed real estate brokeragebroker during the 180 day period, the Seller’s liability for commission then Broker shall not be reduced by the amount paid by the Seller under the new agreemententitled to any 52 Commission pursuant to this Agreement on any Transfer of Property. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf For Property which is not completedresidential property of four units or less, if such non-completion 53 the Property is owing or attributable to listed with another licensed real estate broker during the Seller’s default or neglect180 day period following the Termination Date, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable 54 for the entire Commission, which shall be shared by the Broker and the other licensed real estate broker. The actual allocation of the 55 Commission will be determined pursuant to pay a separate agreement between Broker and the other licensed real estate broker. Broker is 56 authorized to share Broker's compensation or commission with all cooperating brokers regardless of any cooperating broker's agency 57 relationship to Seller, Broker or the Listing Brokerage on demandbuyer. Seller expressly agrees to all of the terms of this Agreement with respect to payment of the 58 Commission, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes on such commissionincluding, without limitation, Paragraphs L & N of the General Provisions attached hereto.

Appears in 1 contract

Samples: Sell Listing Agreement

Commission. In consideration of the Listing Brokerage listing the Property, the Seller agrees to pay the Listing Brokerage a commission of ...............of............................% of the sale price of the Property or ........................................................................................................................................ or.................................................................................................................................... for any valid offer to purchase the Property from any source whatsoever obtained during the Listing Period and on the terms and conditions set out in this Agreement OR such other terms and conditions as the Seller may accept. The Seller authorizes the Listing Brokerage to co-operate with any other registered real estate brokerage (co-operating brokerage) and to offer to pay the co-operating brokerage a commission of % of the sale price of the Property or out of the commission the Seller pays the Listing Brokerage. The Seller further agrees to pay such commission as calculated above if an agreement to purchase is agreed to or accepted by the Seller or anyone on the Seller’s behalf within within. days after the expiration of the Listing Period (Holdover Period), so long as such agreement is with anyone who was introduced to the Property property from any source whatsoever during the Listing Period or shown the Property property during the Listing Period. If, however, the offer for the purchase of the Property is pursuant to a new agreement in writing to pay commission to another registered real estate brokerage, the Seller’s liability for commission shall be reduced by the amount paid by the Seller under the new agreement. The Seller further agrees to pay such commission as calculated above even if the transaction contemplated by an agreement to purchase agreed to or accepted by the Seller or anyone on the Seller’s behalf is not completed, if such non-completion is owing or attributable to the Seller’s default or neglect, said commission to be payable on the date set for completion of the purchase of the Property. Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should such amounts paid to the Listing Brokerage from the deposit or by the Seller’s solicitor not be sufficient, the Seller shall be liable to pay to the Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission. All amounts set out as commission are to be paid plus applicable taxes federal Goods and Services Tax (GST) on such commission.

Appears in 1 contract

Samples: Listing Agreement

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