8/14/2019 Schedule of Real Estate Commissions per Los Angeles Realty Board 1924

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366 The Realtlt BIue Book of Caklornia

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Schedule f Commissions(FollorbL! il i tlre cortl L\$ion sched .le ulopted, by theL$ Angeles Realtlt BoanL This is relt'odlL.ed het.e o-s einlltApic(Ll,altholt.lth tke Nles do )Lotne(.sslr.ih apptlt in otherciti$.)

DtrJFINITIO:{SDennitions dnolils difrrert ctassilicationB ot property follow:]lN APARI'XIENT IIOUSE is a buildins containing seDa.ate ala.tmentsror three or Dore families ald taying a street eltraDc. comnrotr to all.A I'L-{T is a buildins of In-o or more sto.ies containins iDdepeDdent resi-dehces ea.h hayins its oNn street ertraDce_.. . ,\ DUPLEX HOUSE ls a bujlding of rwo stories accommodati[s t]yo ram-ilies, each haring its own st.eel entrarce

gaLlts(a) oitx Pr$perry (rncrusive or rmprnnier|r, it !ny)

BUSINESS PROPERTY:5% upon f i rs t g2 '0 .000 r th pu.c l raserJ . ice;2%% uDon balanceo,er andabove S20,000.INDUSTRIAL,,WHOLESALD AND IIANUI.ACTLTRING PRoPERTY; AT,so,ALI] PROPERTY LYING XAST OIT,{ND NOT '&ONTING ON MAIN ST.:6% of the Durchase prtce.IIOTELS, APAIITMENT IIOUSES, AND ItU^-CALOW COUITTS:5% upon nrs t F50,000of tne purchasepr ice: 2%% uFon b. larce over ardaboye g50,000.EESTDDNCE PROPEITTY. INCLIIDING !'I,ITS, DUPLEX HOUSES:6% ol the pnrchase Frice.SALD OF LEASEHOLDS:(See Leasenoldsunder Leases. )SUBDIVISIONS:Each subrtivlsior shall be treatort seDa.ately and, at the tioe ot Lcsurr-ing agetrcy, the comDission schedule shall be dxed, recogDizilg any or rtlol the lollo\yins tacrors: disrance ot D.oparty tro urban cente;s, ;titities,f.lsportaitor, adverli6ins. drawin8 of Dapels anil rny oUrer sen.i.e orseryiccs to be retrdered.ACREAGE INSIDII THE CITY LIMITS;5% of tbe Duclase lrice.(B) l]otrniry I'x,tErtl (tncrrsive or InrDmfrmerts, if any)ACREAQE:5% of the purchase price.RANCEES:5% of the purchaseFr iceSUBDIVISIONS:(Same as Sutd i r is ious uDder (A) Ci ty Propor ty . l

8/14/2019 Schedule of Real Estate Commissions per Los Angeles Realty Board 1924

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The Reelta BLueBook af Calilornin 367LEAAE6

CoEbi66ton. oD lea3q iqyolvins Frioil8 up to 49 year8 de ngurcd lromiouoving Gchedule: comatBioDs o! loarc3 iEvolviEs 49 yeaB or oyer aro ng-ueit iD acco.dafte wtth paragraDh o! "Clound L6a!e3."All @mmi38toft on teases iraolving Derioft u! to 49 year6 shall be ng-ured otr the bast of sros6 reEtal- The terb GROSS RENTAL lncluds taxd,ilBu.aEce, and the rike. The terD NET RENTAL excludeB tax6, tnBur-ance, od tte like. when the rental stated tn th6 reas6 i3 a let reltal, thesrcs ieltrl sh4ll be determiled !y ailditrs to each yearly .ental, a sum eqlalto 1%7d of the valuaitoD ol the l.Dd ald iblrokments ther6on, o. acleed tobe !,laced thoreon accorilirs to the lese, Il the varuatto! ol the land ddiEt'lovements ts lot stated i! th lea8e, the vaiurtion sha]r be tlat sub ol*htch the net retrta.l t 6%.Mjnihum charse for hegotlating any rease, g2t,

(A ) ottY hop6rty&ESIDENCE PNOPERTY LEASES, INCLUDING FLATS AND DUPLEXgousEs:

3% ol total rntar.No chuse Bhall be less tnan the amoDDt ol commission tlat would bereceived rere the !rcpe.ty rented on a month to month rental !ais.HOTEI], APARTMDT{T IIOUSD AND BUNGAT]OW COURT LEASES:3% or the total renhr ior {he nr6t lour yeaB;l qo ot total rent.l for the balarce of term.BUS'NESS PROPEIITY I,DASES (IMPROVED OE VACANA):(a) Where the average Donthly.eDtal tircughout tle terb of the lease,i6 !76, or leEs I)er noDth:(1) 4% of total rental for the nrst three ye.rs,

12) zrAEo or totar rental lo. the taroce of term.(b) Whe.e th averas monthly.eDtal th.oraholt the tern ot the leas6i3 more than i75 per Donth:(1) 39o ol the total renta l lor the nrst four yea$,12) l*q. or the total rental lo! the balance of tbe terh. Pr.vided, however, that the amount oI cohmission Drder lhisheadiDg, 3han lot be lesB than the amouDt that would harebeen recelved uDde. Claus6 (r) for a like lerlod.(c ) Req{rrtDa erectioD ol !u di!s, or reEodelins of 1ea6edpremis$ ata cost iq excess ol $2,6,00, lroriiled the asnt hd rendered servlceir colDectioD *ith duch *orkr(1) 3% o( the total rental ior the nrst nve years.(2) 2% of fhe total Ental ror lalance ol iim.INDUSTRIAL, WHOLESAL! AND MANUFACTURING P&OPERTY; ALSOAl-L PN,O?ERfY ]-'ING EAST OI'AND NOT FRONTTNG ON MAIN STEEET(IMPROVED OR VACANT):

11) 3}4% or the totar retrtal ror the n.st nye ye&rs.12) 2 % ol rlre iotal rental ro. the secotrd fire years.(3) 1t4% of tbo tolal reDtal for the balance of the teru,(b) &equl ns erection of bu ding; or reaodelilei ol lersed premiE. sta cost t4 excess ol $2,50'0, provided, the ase{t has reDdered reni.oin cotrnection with such work:(1) 1% of the total lental for tGt nve yeaB,(2) zyz% ot t}re total rental fo. the second nve years.(3) t%% or the totar .etrtal for the nalance ol the term.GROUND LEASES (INqLUDING ALI- LEASES 49 YEARS OR OVER):Cround ledes shau be only those lor a pe.iod dl ro.ty-DlD6 years o!longer. CommksioD8 oD these leas6 Bhatl be clarsed tle same e tl r!actDl ele ol tbe prclerty had been made, tho valration beias th.t sumol which th &vemse Eet annuat reltal t.6%. Total coEblssio$ lor theentlre terb rh6tl be payabte upon tho stSring oi the lea*.

8/14/2019 Schedule of Real Estate Commissions per Los Angeles Realty Board 1924

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Book of CaliforniaLEASEHOLDS:

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