Common Contracts
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Propnex tenancy agreement templateOctober 14th, 2023
Our consultants are professionally qualified and when engaged, they are required to deliver their services with compliance to requirements stated in the Code of Ethics & Professional Client Care and Regulations Act. They are therefore entitled to their commission when the transaction is completed. Consultants are not allowed to collect commission or fees from more than one party in a transaction. If he collects commission from you, he cannot collect a commission or co-broking fee or payment from the other party or from the latter’s salesperson. Please note that PropNex Realty is a GST-registered estate agency and is allowed to charge and collect GST. Do clarify with your salesperson if the GST payable is factored into the commission amount stated in the agreement. When engaging a salesperson, consumers are advised to use Prescribed Estate Agency Agreement as it protects the interest of both parties. The commission amount or rate agreed upon should be recorded and a copy of the agreemen
