Service: 15% of first year’s total rent - [minus] O.P. [what ownership pays towards the tenant's broker fee] = Broker Fee for Service due at or before lease signing via Bank Certified Check made payable to Level Group Inc.
Broker Fee: $7,500 x 12 month= $90,000| $90,000 x 15% of first Rent= $13,500- [minus] Owner Pays ($7,500)= $6,000