Form 8 declaration

Discussion in 'The Buying & Selling Process' started by Shawn cmk, 20th Jan, 2018.

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  1. Shawn cmk

    Shawn cmk New Member

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    Shawn cmk, 20th Jan, 2018
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  2. Scott No Mates

    Scott No Mates Well-Known Member

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    It relates to a declaration by the vendor/agent on the amount of commission being paid to the agent and attached to a contract.

    There are limited circumstances where this may be a valid requirement (why it was done in the 1980s) but otherwise none of the purchaser's business.

    Why does a buyer need to know how much the seller is prepared to pay the agent in any circumstances? This is commercial in confidence.
     
    Scott No Mates, 21st Jan, 2018
    #2