FEES
I. Acting for Vendor or Purchaser, in either case, fees are calculated as a percentage of the consideration or price. The percentage rate varies across several bands of consideration spanning from zero to $5 million, as follows: -
Price Rate
not exceeding
$500,000 2.5% or $400.00
(whichever is the greater)
exceeding $500,000
not exceeding $1 Million 2%
exceeding $1 Million
not exceeding $5 Million 1%
exceeding
$5 Million .5%
The relevant percentage rates are applied to that part of the consideration or price falling within the respective band, and the amounts added together to arrive at the fee.
