Common use of Real Estate and Legal Fees Clause in Contracts

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells his/her private dwelling house, will be entitled to claim for the following expenses upon production of receipts: (a) Effective upon signing of this Agreement, reimbursement of fees to a maximum of six thousand dollars ($6000) charged by a real estate agency for the selling of the employee's private dwelling home in which he/she resided immediately prior to relocation. (b) An employee, who has sold his/her own home without the aid of a realtor, shall be entitled to claim one thousand dollars ($1000). (c) Allowance for legal fees encumbered upon the employee because of the purchase of his/her private dwelling house in which he/she lives after relocation will be paid in accordance with the following: • one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price. • one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000). • the total cost to the Employer under part (c) shall not exceed nine hundred dollars ($900). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), he/she shall be entitled to reimbursement of legal fees not to exceed the amount specified in (c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement in either (c) or (d) above, not both. Acceptable services for reimbursement under the term "legal fees" are: • registration of deed; • land registry searches; • registration of mortgages; • certificate of encumbrances; • photocopies; • telephone; • filing fees; • miscellaneous office expenses.

Real Estate and Legal Fees. On relocation, relocation or within one (1) year of the effective date of relocation, an employee who purchases and/or sells his/her private dwelling house, will be entitled to claim for the following expenses upon production of receipts: (a) Effective upon signing of this Agreement, reimbursement Reimbursement of fees to a maximum of six four thousand dollars ($6000) 4,000), charged by a real estate agency for the selling of the employee's private dwelling home in which hes/she he resided immediately prior to relocation. (b) An employee, employee who has sold his/her own home without the aid of a realtor, realtor shall be entitled to claim one thousand five hundred dollars ($1000500). (c) Allowance for legal fees encumbered upon the employee because of the purchase of his/her private dwelling house in which hes/she he lives after relocation will be paid in accordance with the following: • : (i) one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price. • ; (ii) one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000). • ; (iii) the total cost to the Employer under part (cSection 2.10(c) shall not exceed nine eight hundred dollars ($900800). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), hes/she he shall be entitled to reimbursement of legal fees not to exceed the amount specified in (cSection 2.10(c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement in either (cSection 2.10(c) or (d) above, not both. Acceptable services for reimbursement under the term "legal fees" are: • registration of deed; • land registry searches; • registration of mortgages; • certificate of encumbrances; • photocopies; • telephone; • filing fees; • miscellaneous office expenses.

Real Estate and Legal Fees. On relocation, or within one (1) year of the effective date of relocation, an employee who purchases and/or sells his/her private dwelling house, will be entitled to claim for the following expenses upon production of receipts: (a) Effective upon signing of this Agreement, reimbursement of fees to a maximum of six thousand dollars ($60006,000) charged by a real estate agency for the selling of the employee's private dwelling home in which he/she resided immediately prior to relocation. (b) An employee, who has sold his/her own home without the aid of a realtor, shall be entitled to claim one thousand dollars ($10001,000). (c) Allowance for legal fees encumbered upon the employee because of the purchase of his/her private dwelling house in which he/she lives after relocation will be paid in accordance with the following: • : (1) one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price. • ; (2) one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000). • ; (3) the total cost to the Employer under part (c) shall not exceed nine hundred dollars ($900). (d) Where an employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation (i.e., foundation poured), he/she shall be entitled to reimbursement of legal fees not to exceed the amount specified in (c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee may only claim legal fee reimbursement in either (c) or (d) above, not both. Acceptable services for reimbursement under the term "legal fees" are: • registration of deed; • land registry searches; • registration of mortgages; • certificate of encumbrances; • photocopies; • telephone; • filing fees; • miscellaneous office expenses.in

Real Estate and Legal Fees. On relocationtransfer, or within one (1) year of the effective date of relocationtransfer, an employee Employee who purchases and/or sells his/her private dwelling house, house will be entitled to claim for the following expenses upon production of receipts: (a) Effective upon signing of this Agreement, reimbursement Reimbursement of fees to a maximum of six four thousand dollars ($60004,000) charged by a real estate agency for the selling of the employeeEmployee's private dwelling home in which he/she resided immediately prior to relocationtransfer. (b) An employee, Employee who has sold his/her own home without the aid of a realtor, realtor shall be entitled entitle to claim one thousand five hundred dollars ($1000500). (c) Allowance Allowances for legal fees encumbered upon the employee Employee because of the purchase of his/her private dwelling house in which he/she lives after relocation transfer will be paid in accordance with the following: • ➢ one percent (1%) of the first forty thousand dollars ($40,000) of the purchase price. • ; ➢ one-half (½) of one percent (1%) of any amount of the purchase price above forty thousand dollars ($40,000). • ; ➢ the total cost to the Employer under part (c) shall not exceed nine eight hundred dollars ($900800). (d) Where an employee Employee purchases a reasonable amount of property, secures a joint mortgage (land and private dwelling) and begins construction within six (6) months of relocation transfer (i.e., foundation poured), he/she shall be entitled to reimbursement of legal fees not to exceed the amount specified in (c) above. In these circumstances, the reimbursement shall be for one transaction only. (e) The employee Employee may only claim legal fee reimbursement in either (c) or (d) above, not both. Acceptable services for reimbursement under the term "legal fees" are: • registration of deed; • land registry searches; • registration of mortgages; • certificate of encumbrances; • photocopies; • telephone; • filing fees; • miscellaneous office expenses.