If an Agent on a Sale Arranges For the Seller to Rent From the Buyer, is He Owed a Commission?
Reuven contracts a real estate broker to find him an investment property to purchase. His plan is to buy a property and then rent it out. The agent does find him a property that’s for sale. Shortly before closing, the agent tells him that the seller would like to rent the property and be his tenant for a year after the sale. The agent claims he is entitled to commission both for the sale and for finding the renter. Is he correct?
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