ESTATE AGENT’S COMMISSION. The SELLER shall pay the Agent's Commission of N$ (VAT inclusive) which commission shall be deemed to have been earned upon the signature of this Deed of Sale by both parties, as well as the subsequent fulfilment of clause 4 and shall be payable on the date of registration of transfer into the name of the PURCHASER. The parties hereto furthermore agree that in the event of the sale being cancelled or transfer not being implemented as a result of any failure by the PURCHASER to carry out the PURCHASER's obligations hereunder, then the PURCHASER shall be liable to the SELLER and/or the Agent for the agent's commission above-mentioned. The provisions of this clause 16 hereof, are intended by the SELLER and the PURCHASER to be a contract for the benefit of the Agent (stipulatio xxxxxx) which may be enforced by the Agent, it being recorded and agreed that the Agent has accepted the benefits hereof by the Agent's signature at the foot hereof. The purchaser hereby warrants that the only Agent who introduced him to the said property is (Agent name & tel no.) of (Agency’s name), Income Tax number at Receiver or Revenue: and hereby indemnifies and holds the seller free and harmless from and against any claim which may be made by any other Agent in respect of commission arising out of the sale of the property where such other Agent claims to have actually introduced the purchaser to the property and/or to the seller in connection with the transaction therein set forth. The commission will be paid into the account of the Agency, being: Name of Bank: Bank Branch code: Account type: Account no.
ESTATE AGENT’S COMMISSION. 13.1. The Purchaser acknowledges that he was introduced to the property and to the Seller by the Agent and indemnifies the Seller against any claim for agent’s commission by any other estate agent.
ESTATE AGENT’S COMMISSION. 24.1 The Seller is liable for any estate agent's commission which may be payable in terms of an agreement between the Seller and the relevant estate agent.
ESTATE AGENT’S COMMISSION. The parties record that any commission due to an Estate Agent officially appointed by the Seller will be paid by the Seller.
ESTATE AGENT’S COMMISSION. 25.1 The Seller shall pay commission at a rate of % ( percent) calculated on the Purchase Price, to the Agent in respect of the sale of the Property, which commission shall only be deemed to be earned upon the Transfer Date.
ESTATE AGENT’S COMMISSION. 12.1 Commission in the amount of 5% of the total Purchase Price, exclusive of Vat, shall be paid by the Seller’s Conveyancer to the relevant Agent, within 48 hours of date of registration of transfer of the Property.
ESTATE AGENT’S COMMISSION. 30.1 The ESTATE AGENT’s commission (hereafter “commission”) is deemed to be earned on registration of TRANSFER of the PROPERTY into the name of the PURCHASER.
ESTATE AGENT’S COMMISSION. 10.1. The seller agrees to pay the agent commision fees plus Vat as follows payable to the estate agency on transfer of the property. No commission is payable should the transfer not proceed to registration
ESTATE AGENT’S COMMISSION. 23.1 The Seller shall pay commission in the amount of R ( Rand) including VAT to the Agent in respect of the sale of the Property, which commission shall be deemed to be earned upon the Transfer Date.
ESTATE AGENT’S COMMISSION. 11.1 The Purchaser warrants that the Agent as defined in clause 10 of the Schedule of Particulars was the effective cause of the sale and indemnifies and holds the Seller harmless against any claim (including all legal costs on attorney and own client scale incurred by the Seller in connection therewith) which may be made by any other agent in respect of any commission arising out of the sale of the Property to the Purchaser.
