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Broker fees to be banned in Bay State
BOSTON (WWLP) – Governor Healey announced on Wednesday that mandatory renter-paid brokers’ fees will soon be banned in the Bay State. These fees, paid upfront when a renter signs a new lease, cover a ...
A view of the Charles River winding between Boston and Cambridge, Massachusetts. Longfellow Bridge spans the river connecting Boston's Beacon Hill area and Kendall Square in Cambridge. Back Bay area, ...
NEW YORK (WABC) -- New York's real estate industry is fighting back against a ban on broker fees in New York City. On Monday, the industry filed a lawsuit against the state. Then, a judge issued a ...
In Massachusetts, a broker fee is typically about a month’s rent that renters are required to pay before moving in. Gov. Maura Healey and some members of the legislature have introduced proposals to ...
Moving to a new home is usually a stressful — and expensive— process, but starting Aug. 1, it’s going to look a little different for renters across Massachusetts. As of that date, renters will no ...
Where there’s a will, there’s a way — and there’s certainly a will to evade New York City’s imminent broker fee law. As for the way, finding it might not be difficult. “If landlords and/or brokers use ...
Landlords and brokers who charge tenants illegal broker fees could face fines starting at $750 once a landmark law restricting the payments takes effect in June, according to documents published by ...
New York City's new broker fee law takes effect Wednesday, shifting the financial burden of paying brokers from renters to landlords. The Fairness in Apartment Rental Expenses, or FARE, Act was passed ...
Broker fees for renters are annoying—especially in a place like Massachusetts, where the cost to rent an apartment is already astronomical. If you're a renter in the Bay State, here’s a bit of good ...
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