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Real Property Law

By ssalkin
May 01, 2018

Broker Agreed to Commission Based on Rent for First Five Years of Lease

Gator Hillside Village, LLC v. Schuckman Realty, Inc.
NYLJ 2/25/18, p. 24., col,. 5.
AppDiv, Second Dept.
(memorandum opinion)

In shopping center owner's action for a judgment declaring how much owner owed as a brokerage commission, broker appealed from Supreme Court's declaration that broker was owed a 5% commission on the first five years of rent. The Appellate Division affirmed, holding that broker had manifested assent to that commission.

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