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"Key money" and other corruptions

Posted by Scott on August 06, 1997 at 17:15:33:

My job just transferred me here from San Francisco
and I can't believe the corruption involved in
finding a place to live.

I definitely feel like I need to know what my rights
are and how to defend them. What's the best
way to get involved with any tenant advocacy
groups?

I'm about to move into my first apt. and 2 days
before the broker calls to tell me the tenant isn't
ready to move out. That was the final straw and
he's agreed to pay for my hotel room. I got the
tenant's phone number and she warned me to
watch out for this broker and the landlord.

And what's this key money business? Why should
I pay $50 just to move into an apt. I've already
paid a broker $3,000 for finding and the landlord
$3100 for first/security. What's the best action to
take?

Last question: The building is a co-op and the
landlord is a management company/owner of the
apt. who is sub-leasing the apt. to me. What
position does that put me in? What do I need to
watch out for?

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