Passage of City Council FARE Act Eliminates Broker Fees for Renters
Renters received some positive news this week when it was annouonced that Brooklyn City Council Member Chi Ossé’s bill, Intro 360, The Fairness in Apartment Rental Expenses (FARE) Act, passed with a supermajority of 42 votes in the New York City Council,
The amended version also requires the landlord or broker to disclose all fees tenants pay up front, and stipulates that ...
In the Greater Boston area, the broker’s fee is usually an entire month’s rent. According to Zumper, the average cost of a ...
A StreetEasy survey shows 81% of renters believe landlords, not renters, should pay these fees, and 78% felt they had no ...
2don MSN
Mandatory broker fees, an unusual feature of New York City apartment hunting long reviled by renters, will be banned under ...
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