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Broker suing over non payment of broker fees

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Re: Broker suing over non payment of broker fees

Postby Achow8 » Sat Jan 30, 2016 8:51 pm

Hello - I found the following article on the DOS site. It looks like a written commission agreement is not required in order for a broker to earn his fees. "Without a written commission agreement, the commission is earned when the broker has obtained oral agreement between the landlord and tenant on the essential terms of the tenancy, even if the tenant never takes occupancy or signs a lease." Please advise.

http://www.dos.ny.gov/cnsl/apthunt.html
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Re: Broker suing over non payment of broker fees

Postby TenantNet » Sat Jan 30, 2016 9:18 pm

This was answered above. You aren't the tenant.
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Re: Broker suing over non payment of broker fees

Postby Achow8 » Wed Feb 03, 2016 12:49 pm

Went to court today and the case was dismissed as the broker was a no-show. Thanks everyone for your help!
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Re: Broker suing over non payment of broker fees

Postby BubbaJoe123 » Wed Feb 03, 2016 1:49 pm

Glad to hear it. My guess is, guy knew he didn't have a case, but thought that he had little to lose by suing you (just the filing fee), and you might cave in when you saw the court docs.
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