Common use of SALE TO TENANT Clause in Contracts

SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s immediate family is contracted for or effected during the term of this Management Agreement or within months of its termination, the BROKER will be paid by the OWNER promptly a commission of % of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of real property in effect on the date such sale or exchange is closed.

Appears in 2 contracts

Samples: Residential Management Agreement, Residential Management Agreement

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SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s immediate family is contracted for or effected during the term of this Management Agreement or within 6 months of its termination, the BROKER will be paid by the OWNER promptly a commission of 3% of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of real property in effect on the date such sale or exchange is closed.

Appears in 1 contract

Samples: Residential Management Agreement

SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s immediate family is contracted for or effected during the term of this Management Agreement or within 3 months of its termination, the BROKER will be paid by the OWNER promptly a commission of 6.000% of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of real property in effect on the date such sale or exchange is closed.

Appears in 1 contract

Samples: Residential Management Agreement

SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s 's immediate family is contracted for or effected during the term of this Management Agreement or within N/A months of its termination, the BROKER will be paid by the OWNER promptly a commission of % N/A% of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of real property in effect on the date date, such sale or exchange is closed.

Appears in 1 contract

Samples: Management Agreement

SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s immediate family is contracted for or effected during the term of this Management Agreement or within _N/A_ months of its termination, the BROKER will be paid by the OWNER promptly a commission of N/A % of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of real property in effect on the date such sale or exchange is closed.

Appears in 1 contract

Samples: Residential Management Agreement

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SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenanttenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s 's immediate family is contracted for or effected during the term of this the Management Agreement or within seven (7) months of its termination, the BROKER AGENT will be paid by the OWNER promptly and to the full extent permitted by law a commission fee of % of the sales price3%, if the BROKER AGENT has a valid South Carolina real estate license for the sale of real property in effect effective on the date such sale or exchange is closed.

Appears in 1 contract

Samples: Management Agreement

SALE TO TENANT. If a sale or exchange of the PREMISES to the Tenant, or to anyone acting for or on behalf of a tenant or to any member of a tenant’s immediate family is contracted for or effected during the term of this Management Agreement management agreement or within Click here to enter text. months of its termination, the BROKER will be paid by the OWNER promptly a commission of % Click here to enter text.% of the sales price, if the BROKER has a valid South Carolina real estate license for the sale of the real property in effect on the date such sale or exchange is closed.

Appears in 1 contract

Samples: Residential Management Agreement

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