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FARE Act Loopholes Exposed | Real Estate News
New York’s FARE Act aimed to ban broker fees for renters—but now some landlords are slipping through loopholes, charging hidden “key access fees” to view off-market units. While the law was meant to level the playing field, brokers are adapting creatively, sparking outrage online and exposing legal gray areas. One renter snagged a great deal but still felt cheated, highlighting how ambiguous language around “conditioning” rentals on payment leaves room for exploitation. The city has slapped over $36K in fines and returned $15K to victims, but enforcement remains inconsistent. Meanwhile…
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