Common use of - Commission is Due Clause in Contracts

- Commission is Due. It is known between the Landlord and Tenant that the following licensed real estate agent assisted in the facilitation of this Addendum: (Agent Name) of agency (the “Agent”). The Agent shall be owed a real estate commission of % of the Purchase Price. Such commission shall only be due and payable at the Closing and after the deed has been recorded.

Appears in 42 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

AutoNDA by SimpleDocs

- Commission is Due. It is known between the Landlord and Tenant that the following licensed real estate agent assisted in the facilitation of this Addendum: (Agent Name) [AGENT NAME] of [AGENCY NAME] agency (the “Agent”). The Agent shall be owed a real estate commission of % [#]% of the Purchase Price. Such commission shall only be due and payable at the Closing and after the deed has been recorded.

Appears in 27 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

- Commission is Due. It is known between the Landlord and Tenant that the following licensed real estate agent assisted in the facilitation of this Addendum: (Agent Name) of agency (the “Agent”). The Agent shall be owed a real estate commission of % of the Purchase Price. Such commission shall only be due and payable at the Closing and after the deed has been recorded.

Appears in 10 contracts

Samples: Rent to Own Agreement, Rent to Own Lease Agreement, Rent to Own Lease Agreement

- Commission is Due. It is known between the Landlord and Tenant that the following licensed real estate agent assisted in the facilitation of this Addendum: (Agent Name) ______________________ of ______________________ agency (the “Agent”). The Agent shall be owed a real estate commission of ____% of the Purchase Price. Such commission shall only be due and payable at the Closing and after the deed has been recorded.

Appears in 6 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Lease Agreement

AutoNDA by SimpleDocs

- Commission is Due. It is known between the Landlord and Tenant that the following licensed real estate agent assisted in the facilitation of this Addendum: (Agent Name) of agency (the “Agent”). The Agent shall be owed a real estate commission of % of the Purchase Price. Such commission shall only be due and payable at the Closing and after the deed has been recorded.

Appears in 1 contract

Samples: Rent to Own Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!