§ 20.80.040. Payment for services of local real estate broker.

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Whenever the City Council shall, by resolution, find that any real estate broker, duly licensed as required by the laws of the state, and whose principal place of business is located in Seattle, shall have negotiated the sale of any such property, such real estate broker shall be paid for such services a commission equal to five percent (5%) of the sale price of the property sold; but no payment shall be made on account of any such sale until at least one-fifth ( 1/5 ) of the total purchase price of the property shall have been paid to the City.

(Ord. 72834 § 4, 1943.)

                    
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