CHAPTER 29A Lease Brokerage

• Jurisdiction: United States
• Publication year: 2022

CHAPTER 29A Lease Brokerage

Bohdan S. Kosovych, Esq. Kosovych Law Firm, PLLC Staten Island, New York

Chapter Contents

§ 29A.01 General Considerations

[1] Concerns Specific to Leasing Transactions
[2] Broker Liens for Commissions
[3] Ethical Standards

§ 29A.02 Basic Provisions of the Leasing Brokerage Agreement

§ 29A.03 The Leasing Situation: Creation of the Leasehold

§ 29A.04 The Calculation of Commission

[1] Base Rent
[2] Additional Rent: Reimbursement of Landlord's Costs [3] Additional Rent: Percentage Rent [4] Additional Commission-Generating Events

[a] Extension of Term; Right to Expand Premises
[b] Option to Purchase Property
[c] Lease Assignment
[d] Early Termination of the Lease
[e] Legal Issues

§ 29A.05 Subleasing

§ 29A.06 Other Transactions

§ 29A.07 Lease Provisions Relating to Brokers § 29A.08 Form of Brokerage Agreement for Services to Landlords

[1] Issues of Scope
[2] Form of Brokerage Agreement
[3] A Special Twist on Indemnity

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