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Attorney reveals workaround to $20 rental application fee cap

Agents can circumvent a new law that caps rental application fees at $ 20. So says attorney Lisa Faham-Selzer, at least. Others aren’t so sure. But Faham-Selzer says a dual agency agreement she developed will allow agents and brokerage firms to continue collecting application fees as they did before Albany’s new legislation took effect. The cap on what real estate agents and owners can charge potential tenants for the processing of rental applications was introduced in


The Real Deal New York

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