A broker hired by a prospective tenant offers a landlord (owner) the following lease terms...
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Accounting
A broker hired by a prospective tenant offers a landlord (owner) the following lease terms for two floors of 2,250 rentable square feet of office space. The broker's contract with the tenant requires a 4% commission be paid to them by a landlord whom they rent space from. How much total commission would the landlord owe the broker if the tenant signs a lease and pays their first month of rent with these terms. Term: 10 Years Rent: $25/ sqft (the way office rent is typically quoted) Enter your solution without a dollar sign and without decimal places (a whole number)
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