<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 1-10 Commissions.">
  <section prefix="§" num="1-10" heading="Commissions.">
    <para num="(a)" heading="In general.">In court-ordered sales, and in all other sales unless otherwise agreed in writing by the parties, licensed auctioneers shall be entitled to the following commissions on the final selling price of all sales conducted by them.</para>
    <para num="(b)" heading="Real estate interest.">Real estate or any interest therein:<para num="(1)">5% of the price to $5,000;</para>
      <para num="(2)">4% of the price from $5,000 to $20,000;</para>
      <para num="(3)">3% of the price from $20,000 to $100,000; and</para>
      <para num="(4)">2½% of the price over $100,000.</para>
    </para>
    <para num="(c)" heading="Personalty.">Goods or personal property:<para num="(1)">15% of the price to $15,000, and</para>
      <para num="(2)">10% of the price over $15,000.</para>
    </para>
    <para num="(d)" heading="Minimum fees.">
      <para num="(1)">The minimum fee in any sale or in any sale cancelled prior to its scheduled date is $50.</para>
      <para num="(2)">The minimum fee for any sale cancelled on its scheduled date is $100.</para>
    </para>
    <para num="(e)" heading="How computed.">Commissions shall be computed on the basis of each property, lot, article, or item, and not on the aggregate items offered for sale.</para>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 2, §11</annotation>
    <annotation type="History">Ord. 77-494</annotation>
  </section>
</baltimore-city-law>
