Common use of Commission Clause in Contracts

Commission. For identifying the opportunity to enter into or brokering a lease or a tenancy, purchase, share purchase or heritable building right agreement or financially equivalent agreement (hereinafter referred to as “Main Agreement”) relating to the property or commercial space presented in the respective property details (hereinafter referred to as “Agent’s Services”) a commission shall be due and payable on conclusion of the Main Agreement. The amount of the commission is determined in the property details or contract. The only case in which this shall not apply is if our letter or the property details indicate that the identification or brokering service regarding the object in question shall be commission-free. A commission shall also be due and payable even if the Main Agree- ment is concluded by a third party affiliated to you, providing that you passed our brokerage services to that third party. Upon conclusion of a Main Agreement you will immediately provide JLL with copies of the pages of the signed Main Agreement, which are relevant for the calculation of the aforementioned commission.