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Leasing mandate
AUTHORITY TO LET
1. Township and Municipal
area...............................................................................................
2. Stand Number (s)
....................................................................................................................
3. Street address
..........................................................................................................................
4. Description of improvements
...............................................................................................
......................................................................................................................................................
5. Rental per month
....................................................................................................Plus
VAT.
6. Escalation
..................................................................................................per
cent annum.
7. AUTHORITY TO LET I/We
......................................................................................the
Lessor/
Sub-Lessor of the abovementioned property/ properties, and being duly
authorised hereto,
do hereby grant to xxxxxxxxx xxxxxxxxxx an Exclusive / Non exclusive Mandate to
Let the
property specified above.
8. Upon fulfillment of this Mandate then I/We shall be liable toxxxxxxxxx
xxxxxxxxxx
for commission in terms and conditions as recommended by the Institute of
Realtors of South Africa
9. The Lessor agrees that in the event of him leasing the property himself or
through any
other agent, during the period of this Exclusive Authority To Let , he shall pay
commission
to xxxxxxxxx xxxxxxxxxx as stated above.
10. Notwithstanding anything to the contrary contained herein I/We furthermore
agree that
should I/We accept an Offer from xxxxxxxxx xxxxxxxxxx , or any party introduced
by
xxxxxxxxx xxxxxxxxxx , contrary to the details herein specified, then I/We shall
pay
commissions as stated in Clause 8.
11. Upon fulfillment of the abovementioned terms the Lessee shall be responsible
for the cost
of the contract and stamp duty and all charges incidental thereto.
12. This Mandate shall be indefinite but subject to cancellation by either the
Lessor
or xxxxxxxxx xxxxxxxxxx giving
...............................................calendar months notice that
this Mandate shall be cancelled.
13. The Lessors Domicilium et Citandi is
....................................................................................
......................................................................................................................................................
SIGNED AT ......................................THIS THE
....................DAY OF.........................................199........
FULL NAME ...............................................
ID No.........................................................
______________ FOR............................................................
AS WITNESS and duly authorised hereto.
