Can a broker collect commission from both tenant and the landlord in NY in commercial leasing?

In Leasing Property - Asked by Ja K. - Oct 6, 2016
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Answer(s)

Tom L.
Broker/Agent
Middletown, NJ

yes

Oct 12, 2016
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Simon C.
Broker/Agent
New York, NY

The answer is yes and it must be disclosed with landlord and tenant.

Dec 12, 2016
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Simon C.
Broker/Agent
New York, NY

A real estate agent / broker can collect commission from both tenant and landlord in the state of New York. It MUST be disclosed to both parties, some parties even want a written disclosure.

Jul 13, 2017
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