14. Broker's Commission

Commissioners - 4th Tuesday · 2026-04-28 · agenda_item

This agenda item concerns a real estate transaction agreement between a Seller and a Purchaser. The agreement includes clauses regarding real estate brokerage commissions. Specifically, both the Seller and Purchaser represent that no commission is payable to any person or entity in connection with the transaction. The Purchaser agrees to pay all real estate commissions related to the transaction and to protect the Seller from any claims for commissions by the Purchaser's brokers or agents. These provisions are planned to remain in effect after the sale is finalized. This item is currently under review as part of a real estate transaction agreement. The scope of work involves legal review and finalization of contract terms related to property sales and associated commissions. This early stage presents an opportunity for legal services and real estate professionals to engage with the parties involved before the transaction is fully settled.