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.