Sales
Allardt Enterprises will pay a qualified broker 2% of the sales price on Net Lease properties and 10% on vacant land parcels.

Leases
Allardt Enterprises will pay 4% commission on original term gross lease revenues for years 1-5. 2% commission for years 5-15, and 1% years 15-20. A land sale and lease-back combination is 3% on the land and 2% on the lease years 1-15 and 1% years 15-20. Allardt Enterprises does not pay commissions on renewals or expansions.

The following performance by a participating broker will be required in terms of acceptable client registration and eligibility for commission payment:

1. Being the procuring cause and having continued involvement toward the successful closing or execution of a lease.

2. Arranging a meeting with your client and Allardt Enterprises or their representative.

3. Receipt of a letter from the client recognizing the broker as their representative.

4. Provide adequate and satisfactory financial information on the tenant.

It is our policy to pay 50% upon signing of lease and receipt of financial statement, security deposit and first month’s rent. The remainder will be paid to the broker after the tenant has taken possession of the demised premises and commenced rental payments. Commissions on sales will be paid at time of closing.