MANAGEMENT COMMISSION. BROKER shall be entitled to a commission of $100.00 per month out of rents or money paid by the TENANT or any party each month or in the event of a full or partial buyout of the lease by the TENANT. If TENANT prepays rent in advance, such rent must be held in escrow and will be distributed to LANDLORD minus the commission and any money owed by LANDLORD each month when it becomes due.
Appears in 3 contracts
Samples: Property Management Agreement, Property Management Agreement, Property Management Agreement
MANAGEMENT COMMISSION. BROKER shall be entitled to the greater of a minimum monthly fee of $65 or a commission of $100.00 per month out 10% of rents or money paid by the TENANT or any party each month or in the event of a full or partial buyout buy out of the lease by the TENANT. If TENANT prepays rent in advance, such rent must be held in escrow and will be distributed to LANDLORD minus the commission and any money owed by LANDLORD each month when it becomes due.
Appears in 1 contract
