Real Estate Leasing Brokerage in Montenegro

Real estate leasing brokerage means that one party, a lawyer, acts as an intermediary between the lessor (property owner) and the lessee (the person seeking to rent the property), with the goal of concluding a lease agreement.

 

Key Elements of the Process

 

1. The broker assists with:

  • finding a lessee or a property,
  • organizing property viewings,
  • negotiating lease terms,
  • drafting or reviewing the lease agreement,
  • facilitating payment of deposit and rent.

 

2. Brokerage Fee

 

The broker usually charges a commission ranging from 50% to 100% of one month’s rent. This fee is typically shared between the lessor and lessee, but it may vary depending on the agreement.

 

3. Brokerage Agreement

 

Signing a brokerage agreement is a legal requirement.

 

The agreement defines:

  • the rights and obligations of the broker and the client,
  • the duration of the agreement,
  • the commission amount,
  • the conditions under which the commission is paid.