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-   -   Renting Property Question (https://britishexpats.com/forum/spain-75/renting-property-question-426002/)

cajam31 Feb 12th 2007 5:16 am

Re: Renting Property Question
 

Originally Posted by jdr (Post 4393865)
I think this has come up before and it was said that it is illegal for them to charge a finders fee.
It should only be 1 months rent in advance plus a months rent deposit.

oooooh, i better look into it then. If i can save myself €500 i will lol

keithwalters Feb 12th 2007 5:51 am

Re: Renting Property Question
 

Originally Posted by jdr (Post 4393865)
I think this has come up before and it was said that it is illegal for them to charge a finders fee.
It should only be 1 months rent in advance plus a months rent deposit.


Why would it be illegal? All spanish agencies that I know of work this way. Ie, fee up front and then no monthly charge.

If you only pay a months rent in advance (to the landlord) and a months rent deposit (to the landlord) how would the agency earn their money if there is no monthly fee either?

jdr Feb 12th 2007 6:05 am

Re: Renting Property Question
 

Originally Posted by keithwalters (Post 4394041)
Why would it be illegal? All spanish agencies that I know of work this way. Ie, fee up front and then no monthly charge.

If you only pay a months rent in advance (to the landlord) and a months rent deposit (to the landlord) how would the agency earn their money if there is no monthly fee either?

Cos most charge a percentage of the rent each month.
I will see if I can dig up the thread.

keithwalters Feb 12th 2007 6:08 am

Re: Renting Property Question
 

Originally Posted by jdr (Post 4394080)
Cos most charge a percentage of the rent each month.
.

Then that would be the difference. The "up fronters" here in Jerez don´t make monthly charges.

gallerie9 Feb 12th 2007 6:12 am

Re: Renting Property Question
 
we rent direct from the owner no fee up front

jdr Feb 12th 2007 6:23 am

Re: Renting Property Question
 

Originally Posted by cajam31 (Post 4393933)
oooooh, i better look into it then. If i can save myself €500 i will lol

This may help HERE there is a lot of info in the sticky thread at the top of the forum ;-)

As most threads go off on a tangent I cant find the bit about finders fees I was looking for ;-(


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