Broker Was Entitled to 15 Percent Commission from Landlord
LVT Number: #30703
Real estate broker sued landlord in small claims court after landlord failed to pay its commission for rental of an apartment. The court ruled for the broker and awarded $5,000 as the commission. Landlord appealed and lost. The court's decision achieved "substantial justice" between the parties, which is the criteria for upholding a small claims court determination. Landlord contractually agreed to allow the broker to offer the apartment for rent at $4,300 per month and to pay the broker a 15 percent commission "of the first year's aggregate rent" paid by tenant. The broker showed that he produced a tenant ready, willing, and able to rent the apartment on the specified terms.
City Connection Realty v. Zivkovich: Index No. 570738/19, 2020 NY Slip Op 50248(U) (A.T. 1 Dept.; 2/21/20; Shulman, PJ, Cooper, Edmead, JJ)