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In the event of SunnyBay introducing a tenant to the Landlord whom subsequently enters into an agreement with the Tenant to rent The Property, commission will become due to The Agent for the entire duration of the let. The commission is payable to SunnyBay for this introduction whether or not the tenancy is duly finalised by SunnyBay.
Commission charged will be an agreed percentage of the gross monthly rental income stated in the Tenancy Agreement and will be payable on commencement of the tenancy from the first month's rental collected by The Agent. Should the amount be greater than one month's rental, the balance will become immediately payable by you. By special arrangement, we can arrange payment spread over 2 months.
We will contact you for approval of any potential tenant, or agree in advance with you the extent of our authority to accept a tenant on your behalf.