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Is a landlord responsible for paying RYPM placement fee if we bring them an offer within 5% of the listing agreement price?

a) Yes
b) No

User Luk Aron
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1 Answer

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Final answer:

Whether a landlord must pay an RYPM placement fee depends on the terms of their contract with the property management company. If the contract stipulates payment due upon offers within 5% of the listing price, the landlord would be obliged to pay.

Step-by-step explanation:

Whether a landlord is responsible for paying an RYPM placement fee if you bring them an offer within 5% of the listing agreement price depends on the terms of the contract or agreement between the landlord and the rental property management company. Generally, contracts may include a clause related to fees payable upon the successful leasing of the property. If the agreed terms specify that the placement fee is due when any offer within a certain percentage of the listing price is presented, then the landlord would be responsible. However, each agreement is unique, and the specific contractual stipulations must be examined to determine liability for the payment.

User Yusuf Tezel
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