Could a Real Estate Brokerage earn a fee for a transaction that it did not know it had in its shop until long after the transaction closed, where it never guided, instructed, oversaw, or superintended its Salesman regarding the transaction?
November 15, 2024 I am sometimes drafted to work on commercial litigation matters that are not landlord-tenant in nature. This material comes out of such an occasion, when my client was challenging a commercial broker’s fee, allegedly earned just before the Pandemic for a building-wide tenancy in Manhattan. The case, of course, settled with a… Continue reading Could a Real Estate Brokerage earn a fee for a transaction that it did not know it had in its shop until long after the transaction closed, where it never guided, instructed, oversaw, or superintended its Salesman regarding the transaction?