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Helen's Blog

By Helen | Landlord in 06901

Can a realtor took my $500 deposit and didn't rent me the property

I recently saw a commercial property in Brooklyn, NY and wanted to rent the place.  The realtor ran my credit and said it looks fine.  But the owner was on vacation and would have to wait until he came back to sign the lease.  The realtor asked for a deposit of $500 to secure my spot until owner came back.  After waiting for over 2 weeks, I was told that the owner is not going to rent to me.  Can they do that?

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