If a broker is engaged by both parties to a deal, the law states that each party is severally liable for their own share of the fees. This remains true even if the parties agree between themselves that one of them will pay the broker�s fees in full.…
If a broker is engaged by both parties to a deal, the law states that each party is severally liable for their own share of the fees. This remains true even if the parties agree between themselves that one of them will pay the broker�s fees in full. This provision prevents brokers from being caught in disputes between buyers and sellers regarding who pays the commission, ensuring the broker is compensated by the specific persons who sought their professional services.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
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