Posted by
peter21
19 yrs ago
Hi there,
Anyone know what the legal situation is regarding Estate Agent fees for both Landlords and tenants?
Cheers,
Peter 21
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As far as I know, estate agent fees are payable by the landlord and not the tenant.
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should be payable by both landlord and tenant. Each paying a half of the monthly rental as the agents' fees. Of course, you can deal with agent as they have discretion to charge less!
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ldavy
19 yrs ago
peter21, do you mean in Hong Kong or in Shanghai? If the latter, no idea. If the former, fees are payable by both landlord and tenant, half a month's rental each. If it's a sale and purchase, the vendor and the purchaser both pay 1% of the sale price.
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