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Is the broker entitled to his commission if the project he brokered was not completed, and a promissory note for the brokerage value was issued?

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Radiif AI Legal Assistant

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The broker is entitled to his commission upon the conclusion and signing of the contract, in accordance with commercial custom. The existence of an explicit promissory note acknowledging this entitlement further reinforces it. His entitlement is not forfeited if the non-completion of the project was due to the default of...

The broker is entitled to his commission upon the conclusion and signing of the contract, in accordance with commercial custom. The existence of an explicit promissory note acknowledging this entitlement further reinforces it. His entitlement is not forfeited if the non-completion of the project was due to the default of the contracting party.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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مبدأ قضائي - Article مبدأ

السند لأمر

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