LEGAL CORNER: NYC Passes the FARE Act and Restricts the Payment of Commissions by Tenants
The real estate industry has expressed concerns regarding the potential repercussions of the FARE Act.
Green Team New York Realty of Warwick has announced that Edward Sattler has received his Commercial and Investment Real Estate Certification (CIREC).
Settler said of his certification, “I’ve been interested in commercial real estate for years. I enjoy working with clients and understanding their needs. Most importantly, I want to help them achieve their real estate goals, whether as buyer, seller, landlord, or tenant.”
According to the NAR Code of Ethics, agents must have the proper training for specialized services. Agents undertaking the extensive CIREC course obtain the needed foundation to provide commercial and investment real estate services. A wide range of topics are covered. Included are tax implications, 1031 Exchanges, valuing property and more. Also covered were preparation of financial analyses, and comparing financial impacts of leasing vs. buying and negotiating concepts and tactics.
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