| Cost Item |
Kshs |
% |
| Land |
64,000,000.00 |
12.13732626 |
| Preliminary |
1,260,000.00 |
0.238953611 |
| Construction |
297,450,000.00 |
56.41012025 |
| External Works |
14,872,500.00 |
2.820506013 |
| Contingency |
5,949,000.00 |
1.128202405 |
| Architectural fees |
17,847,000.00 |
3.384607215 |
| Quantity Surveying |
2,974,500.00 |
0.564101203 |
| Structural Engineering |
5,949,000.00 |
1.128202405 |
| Elec/Mech Engineering |
2,974,500.00 |
0.564101203 |
| Interior Design/Landscaping |
1,487,250.00 |
0.282050601 |
| Legal fees |
2,974,500.00 |
0.564101203 |
| Project Management fees |
2,974,500.00 |
0.564101203 |
| Marketing |
17,351,250.00 |
3.290590348 |
| Financial Charges |
89,235,000.00 |
16.92303608 |
| Total |
527,299,000.00 |
100 |
Month: September 2013
-
Joint Venture, Highrise Apartments, Ngong road.
-
REAL ESTATE COMMISSION AGREEMENT
REAL ESTATE COMMISSION AGREEMENT
Parties
a. (“Landlord”).
b. Real estate brokerage company, (“Broker”),
represented in this transaction by , himself/herself a licensed agent.
Commission
Based upon 3% of Total land sale price.
Payment Date
Landlord shall pay Broker the first one-half (1/2) of the Commission Ten (10) calendar days
following the Lease Commencement Date
Landlord shall pay Broker the second one-half (1/2) of the Commission Ten (10) calendar days
following the date that Tenant has:
a) Paid the remaining amount of land purchase cost.
b) Not breached the Lease.
Date of Agreement; Signatures
This Agreement is made in Nairobi, and is dated as of ……… and is signed by
Landlord and Broker as follows:
ACCEPTED AND AGREED BY:
Landlord:
Broker:Witness.
-
Joint Venture,highrise apartments, Ngong road
Cost Item Kshs
%
Land 64,000,000.00
12.13732626
Preliminary 1,260,000.00
0.238953611
Construction 297,450,000.00
56.41012025
External Works 14,872,500.00
2.820506013
Contingency 5,949,000.00
1.128202405
Architectural fees 17,847,000.00
3.384607215
Quantity Surveying 2,974,500.00
0.564101203
Structural Engineering 5,949,000.00
1.128202405
Elec/Mech Engineering 2,974,500.00
0.564101203
Interior Design/Landscaping 1,487,250.00
0.282050601
Legal fees 2,974,500.00
0.564101203
Project Management fees 2,974,500.00
0.564101203
Marketing 17,351,250.00
3.290590348
Financial Charges 89,235,000.00
16.92303608
Total 527,299,000.00
100
