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*The Tenant must sign separately for each property listed.
Schedule 2
Duties of Agent
The Agent shall -
(a) obtain
information in relation to the Properties for the Tenant;
(b)arrange
for the Tenant to inspect the Properties if requested to do
so by the Tenants;
(c)conduct
negotiation and submit all offers to the landlords of the Properties
as instructed by the Tenant; and
(d)assist
the Tenant in entering into a binding lease with the landlord
of any one or more of the Properties.
Schedule 3
Commission to be Paid by Tenant
| 1. |
Subject to sections 2 and 5 of this Schedule,
if during the Validity Period the Tenant through the
Agent enters into a binding lease with the landlord
in respect of one or more of the Properties then the
Tenant is liable to pay the Agent commission :
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(8)upon the signing of the lease.
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(8) upon the commencement of the tenancy
as specified in the lease.
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| 2. |
Subject to section 3 of this Schedule,
the Tenant shall have no obligation to pay any commission
to the Agent if commencement of the binding lease falls
through without fault on the part of the Tenant and,
in such case, if the commission has already been paid
it shall be refunded by the Agent to the Tenant as soon
as is practicable and in any case not later than 5 working
days from the commencement date of the lease with interest/without
interest(1).
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| 3. |
The commission shall become payable to
the Agent in the case of mutual cancellation of the
binding lease not arising from any provisions of the
lease.
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| 4. |
The Tenant is not liable to pay any commission
to other estate agents with whom the Agent co-operates
for the purpose of renting any one or more of the Properties.
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| 5. |
Subject to sections 2, 3 and 4 of this
Schedule, the Tenant is also liable to pay to the Agent
as commission for services rendered with regard to the
property concerned if the Tenant or the spouse, or any
nominee, undisclosed principal or agent of the Tenant
enters into a binding lease with the landlord of any
one or more of the Properties during the Validity Period
whether through the Agent or otherwise.
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Schedule 4
Interests in Property
In accordance with clause 5 of this Agreement,
particulars of the pecuniary or other beneficial interests
in respect of one or more of the Properties are as follows:
________________________________________________________
________________________________________________________
Schedule 5
Explanatory Notes
| (1) |
This means delete whichever is inappropriate.
All deletions must be initialled.
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| (2) |
Enter the name of the estate agency business
entity concerned in clause 1 of this Agreement.
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| (3) |
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Single agency - this means the
Agent acts for the Tenant only.
Dual agency - this means the Agent acts for both the Tenant
and the landlord of a property listed in Schedule 1 to
this Agreement.
Potentially dual agency - this means the Agent acts for
the Tenant only but may also act for the landlord of a
property listed in Schedule 1 to this Agreement at a later
stage. |
| (4) |
The amount or rate of commission is negotiable
between the Tenant and the Agent.
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| (5) |
Specified relative - this means the spouse,
parent, child, brother or sister.
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| (6) |
Substantial shareholder - this
means a person who is entitled to exercise or control
the exercise of 10% or more of the voting power at any
general meeting of the Agent. |
| (7) |
Having a pecuniary or other beneficial
interest includes -
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| (a) |
being a member of a company or
any other body which has a pecuniary or other
beneficial interest in respect of the Properties;
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| (b) |
being in partnership with or is
in the employment of a person who has a pecuniary
or other beneficial interest in respect of the
Properties; or
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| (c) |
being a party to any arrangement
or agreement (whether enforceable or not) concerning
the Properties.
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| (8) |
Tick the relevant box. |
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