Brokerage
I. SALE / PURCHASE
Where there is any immovable property that is transferred through sale or exchange or by transfer of shares in a Co-operative Society commission at the following rates on the total consideration amount shall be paid to Rising Star Property Advisors as under:
(a) Where we act on behalf of both the Buyer and the Seller, commission at the rate of 2 % shall be paid to us by each party.
(b) Where we act only for the buyer or the seller, commission @ 2% shall be paid by the party for whom the member acts.
Terms of Payment
• 100 % of the commission shall be payable to us at the time of registration of sale agreement by way of non-refundable service charges and out of pocket expenses.
II. LEASE / LEAVE & LICENSE
In the case of Lease / Leave and License / commission @ 2 months rent becomes due & payable by the Licensee to the broker concerned.
On renewal of Lease / Leave and License 1 month’s rent becomes due and payable by Licensee to the broker concerned on the escalated rent.
TERMS & CONDITIONS :
1. Commission / Brokerage / Services Charges / Any Other charges, under any name whatsoever paid to the member for services rendered SHALL NOT BE REFUNDABLE UNDER ANY CIRCUMSTANCES.
2. Any Tax implication arising from sale of property ( LTCG, TDS) should be consulted by the seller and buyer from their respective Chartered Accountants before initiating the deal as our role is of Property Consultant only.