Terms of engagement
A plain-language summary. Counsel papers the long form for each mandate.
Fee
15% of the gross closing price on sell-side mandates, payable on release of escrowed funds. Minimum fee $2,500. Buy-side is a flat engagement fee or an agreed share of savings against your stated ceiling, disclosed before work begins.
Exclusivity
Sell-side mandates run 90 days, exclusive, renewable by written agreement. You may withdraw at any time; if you sell to a party we introduced within 12 months of expiry, the fee remains payable.
Reserve
No offer below your written reserve is accepted without your written instruction.
Confidentiality
We do not disclose a buyer's identity to a seller, or a seller's to a buyer, without written instruction from that party.
Funds
Mission Names does not hold client funds. All settlements clear through Escrow.com or another licensed escrow agent agreed in writing.
Title
Sellers warrant clear title and no trademark conflict. We conduct a preliminary check but it is not a legal opinion.
No guarantee
An appraisal is an opinion of value, not a promise of sale.
Governing law
Delaware.