Commission Clause Where Deposit is Less Than Commission (a) The Seller acknowledges that the deposit held by the Stakeholder is an amount less than the commission payable by the Seller to the Agent and the Seller hereby irrevocably authorises and directs the Buyer and/or the Buyer's Solicitor to pay to the Seller's Agent on the Date for Completion from the balance of the purchase money, the amount of the commission less the amount held by the Stakeholder.
(b) For the purpose of the Clause, the amount of the commission payable by the Seller is $ xxxx.
Specialising in Queensland Property Conveyancing since 1996, John Horrocks has overseen more than 60,000 property settlements during his career. Together with his team of dedicated staff, Horrocks Solicitors operate at Queens Street Brisbane in the heart of the property banking precinct.
Brisbane Conveyancing Solicitor
Level 9, 371 Queen Street, Brisbane QLD 4000
PO Box 10445 Adelaide Street Brisbane QLD 4000
Aust: 07 3013 2300
Intl: +61 7 3013 2300
Faxs: +61 7 3013 2399
Queensland Residential Property Conveyancing
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