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Broker Demand Letter
"I need a Broker Demand Letter for unpaid commission of PHP 2.5 million relating to the successful sale of a commercial property in Makati City, where the transaction closed in January 2025 but the property developer has failed to pay my commission despite multiple reminders."
1. Letterhead and Date: Professional letterhead including broker's license number, PRC registration, and complete contact information
2. Recipient Details: Complete name and address of the recipient/debtor
3. Subject Line: Clear indication that this is a demand for broker's commission/fees
4. Service Description: Specific details of brokerage services rendered, including property details and dates of service
5. Legal Basis: Reference to the agreement or arrangement that entitles the broker to compensation
6. Amount Details: Clear statement of the amount owed, including any applicable calculations
7. Payment Terms: Specific deadline for payment and acceptable payment methods
8. Consequence Statement: Professional statement regarding potential legal action if payment is not received
9. Closing: Professional closing with broker's signature, license details, and contact information
1. Previous Communications: Reference to prior attempts to collect payment, used when there has been a history of payment requests
2. Third Party Involvement: Mention of other involved parties or witnesses, used when multiple parties were involved in the transaction
3. Interest and Penalties: Details of additional charges or interest, included when applicable under the original agreement
4. Settlement Options: Proposed payment arrangements or settlement terms, included when willing to negotiate payment terms
5. Cc List: List of other parties receiving copies, used when relevant parties need to be informed
1. Service Timeline: Detailed chronological list of services provided and key dates
2. Commission Calculation: Detailed breakdown of how the commission was calculated
3. Supporting Documents: Copies of relevant agreements, communications, and proof of services rendered
4. Property Documentation: Relevant property details, listing agreements, or transaction documents
5. Payment History: Record of any partial payments or previous payment attempts, if applicable
Authors
Commission
Subject Property
Transaction Date
Service Agreement
Listing Agreement
Professional Fee
Due Date
Property Owner
Client
Purchase Price
Lease Rate
Brokerage Services
Payment Terms
Default Interest
Licensed Real Estate Practitioner
PRC License Number
RESA
Transaction Value
Collection Period
Professional Credentials
Service Description
Commission Calculation
Payment Demand
Payment Terms
Legal Authority
Default Notice
Remedy Statement
Interest and Penalties
Prior Communication Reference
Documentation Reference
Compliance Statement
Time Limit
Settlement Terms
Legal Action Warning
Real Estate
Property Development
Commercial Property
Residential Property
Property Management
Real Estate Investment
Construction
Real Estate Brokerage
Property Leasing
Legal
Real Estate Operations
Sales
Compliance
Collections
Property Management
Finance
Documentation
Business Development
Client Relations
Real Estate Broker
Property Agent
Real Estate Sales Director
Brokerage Manager
Real Estate Consultant
Property Sales Manager
Real Estate Agency Owner
Property Transaction Specialist
Real Estate Operations Manager
Compliance Officer
Legal Counsel
Collections Manager
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