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Hello, as a tenant I recently signed a lease with the landowner at a co-op, and paid the broker fee when finalizing the lease.
However, the broker is dragging her feet and was late in submitting the paper work to the co-op board, so I may not end up moving-in based on the move-in date from the lease.
If my move-in date changes because of this, I would think that I should be compensated for this change, as it wasn't my fault that the broker was late in submitting the documents on time.
In cases like these, do brokers compensate the tenant for expenses incurred for late move-in dates? I wouldn't think the entire broker fee would be refundable, but I'm very unhappy with her procrastination and the resulting change.
Normally, the broker is compensated by the owner who is leasing the property and not from the potential tenant. Where are you ?? Some closing delays are not always the fault of the broker. Don't expect any special compensation in my experience as a realtor.
I would bet we are talking about NYC. A strange and different animal.
Close... Fort Lee, NJ, (Bergen County) right next to NYC.
I would imagine it would be similar, but yes NYC / Bergen County have their own set of rules.
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