Real estate leasing brokerage means that one party, a lawyer, acts as an intermediary between the lessor (property owner) and the lessee (the person seeking to rent the property), with the goal of concluding a lease agreement.
The broker usually charges a commission ranging from 50% to 100% of one month’s rent. This fee is typically shared between the lessor and lessee, but it may vary depending on the agreement.
Signing a brokerage agreement is a legal requirement.
The agreement defines: