Tuesday 24 December 2019

Pol calls foul on workaround to $20 rental application fee cap

When state lawmakers reconvene next month, they will take a hard look at a loophole some brokers are using to avoid New York’s new $20 rental application fee cap. Earlier this month, attorney Lisa Faham-Selzer and one of clients, Moses Stark, revealed how dual agency agreements could allow agents and brokerage firms to continue collecting application fees above $20, as they did before Albany’s legislation took effect over the summer. They said the agreement allows



source https://therealdeal.com/2019/12/24/pol-calls-foul-on-workaround-to-20-rental-application-fee-cap/

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