Legal Question in Business Law in Michigan

Finder's Fee Agreement

I am looking for the appropriate contract to use for a Finder's Fee. I am bringing together a business man who needs a business person to build Assisted Living Units. I have such a person who builds Assisted Living Housing and want to contract with them before allowing them to meet. Do I negotiate 2.5% with the original business man and 2.5% with the Assisted Living Housing person as well or 5% from one side...if the latter, which side...thank you very much.....urgent...happy holidays and thank you again.....


Asked on 12/06/07, 5:36 pm

1 Answer from Attorneys
Peter Torrice Canu, Torrice & Zalewski, PLLC

Re: Finder's Fee Agreement

You can contract however you want to contract. If the people agree to the terms and conditions then you have a valid contract. If the original business man is willing to give you 5% then you have an agreement with him. Ultimately you have to have an agreement and each party has to agree.

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Answered on 12/07/07, 9:21 am


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