Property Disposition Fee

Example Definitions of "Property Disposition Fee"
Property Disposition Fee. A real estate disposition fee, payable (under certain conditions) to the Advisor and its Affiliates upon the sale of the Company's Property as described in Section 9(e)
Found in Landmark Apartment Trust, Inc. contract
Property Disposition Fee. A real estate disposition fee, payable (under certain conditions) to the Advisor and its Affiliates upon the sale of the Company's Property in an amount equal to the lesser of: (i) 3% of the contracted for sales price of the Property; or (ii) 50% of the commission paid to third parties which is reasonable, customary and competitive in light of the size, type and location of such Property
Found in RETAIL PROPERTIES OF AMERICA, INC. contract
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