Marketing valuation draft 8.11.18

Strictly Private & Confidential

20 November 2018

Board We can provide a board for identification purposes, however, if this is not something that you wish to do, we can remove this from the budget.

Commissions, Disbursements and Out of Pocket Expenses •

Our agency commission will be 1.5% of the sale price if we market the property or 1% if we negotiate the private sale. This is payable in accordance with the attached Terms of Engagement. • Disbursements, as set out above, and out of pocket expenses will be payable in accordance with the attached Terms of Engagement. • Commissions, disbursements and out of pocket expenses will be subject to VAT at the prevailing rate.

If you wish us to proceed with marketing, we would write to you with a formal Letter of Instruction and suggested marketing budget.

Conflict of Interest To the best of our knowledge, we do not have any conflict of interest in accepting this instruction, but if at any time we become aware of such a conflict we will discuss the matter with you in detail before proceeding further with this matter. Taxation There may be taxation implications arising post sale and you should take separate, specialist advice before proceeding. It is expressly understood that Brown&Co are not required to give tax advice relating to this transaction, unless separately instructed to do so. Consumer Protection Regulations We are responsible for Consumer Protection Regulations 2008 for any misleading information relating to the property. Misleading information could involve us in a criminal prosecution. When you receive draft sales particulars please read them carefully and if you feel there are any inaccuracies, please make appropriate amendments. If instructed to act on your behalf, we would need to complete a Consumer Protection Questionnaire, of which we can do with you when taking details for particulars. Anti-Money Laundering Regulations. Under the Anti-Money Laundering laws which have come into force throughout Europe and the UK we are obliged to establish the identity of our clients before we accept an instruction from you. Indeed, you may have found this more increasingly common for you to provide evidence for identity and we are now one of the professionals required to do this by law.

Again, if you wish to instruct us to carry out this sale on your behalf, we would ask you for several documents to enable us to comply with Anti-Money Laundering Regulations.

Please note that we are unable to proceed with this instruction until the procedure set out herein have been completed.

BROWN&CO

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