Nyc Broker Fee Law 2025. Updated 3:27 pm pdt, june 12, 2024. New guidance from the new york department of state says landlords now have to pay broker fees, which can be up to 15% of an annual lease.
New Guidance From The New York Department Of State Says Landlords Now Have To Pay Broker Fees, Which Can Be Up To 15% Of An Annual Lease.
Before moving into a new apartment, a.
Unlike Other Cities, Nyc Renters Have To Cover A Brokerās Fee Regardless Of Who Does The Hiring.
June 28, 2024 at 9:00 am pdt.
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Real Estate Brokers And Tenants Flooded The New York City Councilās Chambers On Wednesday To Debate One Question Haunting The Cityās Rental Market:
Intro 360, dubbed the fairness in apartment rental expenses act, would alter how landlords and tenants pay real estate broker fees by requiring whoever hires the broker to bear the responsibility.
Big Apple Residents Would No Longer Be Forced To Spend Small Fortunes On Broker Fees Just To Rent An Apartment Under New Legislation Being Considered By The City.
The city council heard legislation wednesday that would prevent prospective tenants from having to pay.