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Broker fraud?

Posted by John Young on June 07, 1999 at 11:23:09:

This msg. was posted a few days ago missing a few relevant details, so I apologize to anyone who has seen this before.

I signed a lease to rent a condo in New York City a few weeks ago. Upon moving in, the broker told me that the owner of the condo suddenly decided to put the unit up for sale, contrary to what he had said when I signed the lease. The lease does say that upon a sale, the owner can terminate the lease in 30 days. However, I cannot believe that the law can allow a broker to take a fee for a rental and then tell someone that they lease can be terminated in a month if the unit is sold immediately. Does anyone know for sure?

John Young

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