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Re: Broker's responsibility? Where do you live?

Posted by richard on August 01, 2000 at 18:47:21:

In Reply to: Broker's responsibility? posted by Kien on August 01, 2000 at 16:50:19:

You have a address....if that is so....

This maybe the most important thing you will ever learn from your $150,000 education at Yale...

How to CYA Cover Your ass in times of emergency,

Chances are the broker, will not voluntarally return your fees, unless they knew this guy was in trouble with the law, they should out of conscience do so though.

So as long as this is not an Illegal sublet, then you have to worry about the FBI sealing the apartment which they can do. The landlord cannot lock you out thats Illegal....but he can take you to court and have both of you evicted.

So you are out the money.. so NOW what does your High Priced Yale education tell you to do?


: How much responsibility does a broker have in the transaction? If I get a bad deal, as described before, how much of the blame can be put on the brokers?

: These brokers also handled all the fees. I paid them, and they subsequently wrote out the checks to the landlord.

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