Contact Us
1250 Broadway, 27th Floor, New York, NY 10001 212-619-5400 Manhattan Attorney
Manhattan Lawyer
Attorney Profiles Firm News Practice Areas Newsletters Real Estate Lawyers' Blog Clients' Rights
Best of the Best Top 100 2015 Award
Best of the Best Top 100 2016 Award

NY Real Estate Law Blog

Categories

Archives

Follow Lucas on Twitter & LinkedIn

Recent Posts in Broker's Commission Category

HAVING TO DEAL WITH A BROKER

Ask Real Estate By RONDA KAYSEN Q. I live in a two-bedroom apartment with a roommate whose name is on the lease. She is moving out June 1, and I’d like to take over the lease. My rent will ...
Continue reading "HAVING TO DEAL WITH A BROKER" »

TALK OF THE TOWN

Even though another broker was listed in the underlying contract of sale, Talk of the Town Realty sued Mario Geneve to recover a commission, because one of the company's brokers--Simon ...
Continue reading "TALK OF THE TOWN" »

SPIEGEL IN THE TIMES: ON TENANT-SWAPPING

This week, you'll find our partner, Glenn H. Spiegel, on the New York Times website, responding to a reader's question on lease renewals in the fair-market context. Replacing Roommates Gets ...
Continue reading "SPIEGEL IN THE TIMES: ON TENANT-SWAPPING" »

SLOPPY SECONDS

When Douglas Elliman tried to recover a brokerage commission, the Kings County Supreme Court thought that the claim couldn't be heard because the company should have raised the issue in a prior ...
Continue reading "SLOPPY SECONDS" »

DID THE CAMDEN FOUR STEAL $15 MILLION?

Four Charged in $15 Million Mortgage Fraud Scheme Four individuals from New Jersey were taken into custody yesterday for their alleged roles in a $15 million mortgage fraud scheme on an indictment ...
Continue reading "DID THE CAMDEN FOUR STEAL $15 MILLION?" »

THANKS, BUT NO THANKS

At Last Naturals filed suit when it wasn't paid a "finder's fee"--or otherwise compensated--for Myong Feiner's acquisition of a company known as Private Label Gourmet. Apparently, after the ...
Continue reading "THANKS, BUT NO THANKS" »

FTC FALLS SHORT OF MARS

FTC Will Not Enforce Provisions of MARS Rule Against Real Estate Professionals Helping Consumers Obtain Short Sales On Friday, the Federal Trade Commission issued a statement announcing that it will ...
Continue reading "FTC FALLS SHORT OF MARS" »

NO UNLICENSED "FINDER" FEE

To: Members of REBNY From: Neil B. Garfinkel, REBNY Residential Counsel Date: June 17, 2011 REBNY and Abrams Garfinkel Margolis Bergson, LLP Successfully Submit Amicus Brief in Important New York ...
Continue reading "NO UNLICENSED "FINDER" FEE" »

WE'VE GOT A DISCLOSURE TO MAKE

We want to make you aware of important amendments to New York State's agency disclosure law just signed by Governor Paterson, which will go into effect on Jan. 1, 2011. The changes will impact ...
Continue reading "WE'VE GOT A DISCLOSURE TO MAKE" »

SHE WORKED HARD FOR HER MONEY

When Stella Arabov sued her former employer, DePinto Realty, over a real-estate commission, the Nassau County District Court only awarded her $1,111.32. On appeal, the Appellate Term, Second ...
Continue reading "SHE WORKED HARD FOR HER MONEY" »

HOW SHAYDIE WAS THIS?

When Shaydie Cammann sued her former employer, Prudential World Homes Realty, on an unpaid brokerage commission, Prudential claimed that its policies and procedures obligated her to assist the company ...
Continue reading "HOW SHAYDIE WAS THIS?" »

NOT A SECRET AGENT MAN

After Meir Sharoni filed suit to recover his real-estate commission, the Kings County Civil Court awarded him a judgment in the amount of $10,500 as against the seller, the buyer, and the realty ...
Continue reading "NOT A SECRET AGENT MAN" »

PERFECT TIMING

In Coldwell Banker Real Estate Services, Inc. v. 529 Atlantic, LLC, the parties had an exclusive brokerage agreement which provided that Coldwell would receive a 7% commission if, up to 180 days after ...
Continue reading "PERFECT TIMING" »

AT2 SHOWS MORTGAGE BROKER THE MONEY

In Lelin v. Shrestha, Ross Lelin, a licensed mortgage broker, sued his former clients, Manohar and Renu Shrestha, to recover an unpaid commission. The Shresthas had hired Lelin to secure a $682,000 ...
Continue reading "AT2 SHOWS MORTGAGE BROKER THE MONEY" »

NO LICENSE, NO COMMISSION

In Klein v. Antebi, Elliot Klein sued to recover a real-estate brokerage commission from Morris Antebi. Klein was a licensed New York real-estate broker who entered into a confidentiality agreement ...
Continue reading "NO LICENSE, NO COMMISSION" »

BROKERS GET PAID A FEE!

In Remax Shores, Inc v. Wilson, a Remax real-estate agent claimed she informed Richard and Zenith Wilson that a broker's fee of a month's rent would be due if they rented a house shown to them. The ...
Continue reading "BROKERS GET PAID A FEE!" »

WAS BROKER DUPED?

In Selinger Enterprises, Inc. v. Cassuto, Selinger Enterprises sought to recover a broker's commission from David Cassuto. According to an exclusive broker's agreement Cassuto reached on behalf of ...
Continue reading "WAS BROKER DUPED?" »

BROKER OUT OF COMMISSION

In F. Richard Wolff & Son, Inc. v. Tutora, F. Richard Wolff & Son (Wolff) sued Anthony Tutora for a commission Tutora allegedly owed to the company. Tutora hired Wolff as a real-estate broker ...
Continue reading "BROKER OUT OF COMMISSION" »

ATTORNEY DENIED FEES

In Gaisi v. Gaisi, Mark Hus wanted legal fees for securing his client a brokerage commission Before the Gaisis filed for divorce, Mr. Gaisi entered into a brokerage agreement with Kirk Properties to ...
Continue reading "ATTORNEY DENIED FEES" »

BROKER WASN'T ENTITLED TO COMMISSION?

In A-1 Realty Network of Homes, Inc. v. Kwang Ho Kim, A-1 negotiated an agreement on behalf of Mr. Kim (and others) where, for the sum of $1.1 million, two purchasers would buy the property in ...
Continue reading "BROKER WASN'T ENTITLED TO COMMISSION?" »

WHEN'S A BROKER'S COMMISSION LOST?

Typically, a broker's commission is earned when the broker produces a buyer "ready, willing and able" to purchase the property on terms acceptable to the seller. That arrangement may be modified by a ...
Continue reading "WHEN'S A BROKER'S COMMISSION LOST?" »