One of the minor difficulties sometimes encountered in a real estate office is the keeping of a simple and effective record of amounts paid to brokers or agents as commissions on time sales of the concern's property where the commission is paid as instalments are received from the purchasers. This difficulty becomes serious when there is a large number of such sales running at the same time. Form 12 will be found useful under such circumstances, especially in connection with commissions payable on options, etc. As will be seen, it is at once an option and commission ledger, but it is equally applicable to any time sale.

Name..........................................................

lot........

Block...........

Addition..........

Address......................................

Price$....................

Amount of Option$...........

Assigned to................................

Contract$.................

$.................per Month

.....................

Commission$.............

Pay to....................

.....................

Deed to....................................

DATE

ITEM

FOLIO

AMOUNT

DATE

ITEM

FOLIO

AMOUNT

COMMISSION BUD

Form 12. Commissions Payable Ledger.