FEE

FEE, or commission, is a fee or remuneration that is paid for providing a service or for arranging a trade or transaction. A commission may be set as a fixed amount or as a percentage of the value of a sale, transaction or other agreed amount. The term is commonly used in many industries, including financial services, real estate, insurance, sales and marketing.

In lease transactions, it is always paid by the landlord in the Czech market, unless otherwise specified by exception, and does not affect the end terms for the tenant. In sales transactions, the commission is in most cases included in the sale price.