The broker shall be paid a percentage of the amount of the transaction.
Incase of a sale brokerage,iftheselleristhe only one engaging the broker, thecommissioncannot be paid, evenpartially,bythe buyerandit shall be, ifnecessary, deducted from the amount of the price agreed between the parties and paid for by the seller.
Where the buyer is the only party engaging the broker, he shall pay the commission, in addition to the amount paid to the seller.
Where both parties engage the broker, the percentage corresponding to the commission due to the broker shall be set and divided among themselves by mutual agreement with the broker.
Unofficial translation
Transcription: Spot-checked
In force from 16-05-2011
Source page 60
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 212 of the Acte uniforme révisé portant sur le droit commercial général/akn/ohada/act/loi/2010-12-15/audcg-2010
Report an error in this text
AI features are in beta
Where an official English or French text exists, we show it; where none does, we give
a translation, clearly marked as one and never presented as the official text. We make
every AI feature as accurate as we can, but it can be wrong and is not legal advice —
always check the cited official text.