Legal Question in Business Law in New Jersey
I brought a Seller and Buyer together on a commodity deal. How do I secure my commission in a Joint venture agreement and have an attorney be the paymaster for this transaction? Seller is paying the commission.
Asked on 12/08/09, 10:49 am
1 Answer from Attorneys
Daniel Pepper
Pepper Law Group, LLC
If by "paymaster" you mean act as an escrow agent for the commission, the agreement would indicate that the commission funds would be held by the attorney, and then payable to you upon the completion of the deal. I'm not sure a "joint venture" agreement is the right vehicle, however. If you'd like to discuss your deal if further detail, please feel free to call my office.
Answered on 12/13/09, 11:40 am
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