How two brokers share the fee on one transaction
Executed at Mohali on 1 April 2026.
1. The Listing Broker — Rajinder Kumar Bansal, trading as Bansal Property Consultants, of SCO 22, Phase 3B2, SAS Nagar (Mohali), Punjab 160059, mobile +91 XXXXX XXXXX, email rajinder@bansalproperty.in, real estate agent registration number PBRERA-SAS80-REA0123 ("the Listing Broker").
2. The Co-Broker — Amandeep Kaur Sidhu, trading as Sidhu Realty, of Booth 14, Sector 35-B, Chandigarh 160022, mobile +91 XXXXX XXXXX, email amandeep@sidhurealty.in, real estate agent registration number PBRERA-CHD-REA0456 ("the Co-Broker").
A. The Listing Broker acts for Gurpreet Singh Sandhu ("the Client") in a sale or letting of the property at House No. 1147, Sector 70, SAS Nagar (Mohali), Punjab 160071, in Punjab: A two-storey house on a plot of 250 square yards, with a covered car porch ("the Property").
B. The Co-Broker has introduced Harpreet Kaur Gill ("the Counterparty") as a prospective buyer or tenant of the Property.
1.1 Whatever fee the Client pays for a transaction with the Counterparty concerning the Property ("the Fee") is shared between the brokers: 50 per cent to the Listing Broker, and the balance to the Co-Broker.
1.2 The shares apply to the Fee actually received. Each broker accounts for its own taxes on its own share.
1.3 No share is payable on a transaction with anyone other than the Counterparty, and neither broker has any claim to the other's fee on any other transaction.