Thursday, 13 February 2020

Everything you need to know about the sudden upheaval of rental commissions

No more rental fees! Wait, no fees only if the landlord hires the agent. Scratch that, fees are back. For now. It’s been a whirlwind week for New York City renters, agents and landlords since the Department of State blindsided brokers with guidance that attempted to change the way rental agents have been paid for decades. In its interpretation of June’s rent law, the agency said tenants no longer had to pay an agent retained



source https://therealdeal.com/2020/02/13/everything-you-need-to-know-about-the-sudden-upheaval-of-rental-commissions/

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