Greystar - Withholding Agent Commission
I had a client rent an apartment, and were moving from out of the country.They signed a one year lease paid their rent and deposit.
Long story short, the tenant took possession, but never moved in. Their job transfer didn't go through. They are charging the tenant 3 months rent (one top of the time that they had "possession" of the property), but will not pay me my commission. I didn't break the lease, the tenant did have possession of the property, and I'm pretty sure that commission is due with the contract is signed and the first month's rent and deposit have been paid.
I'm told that it's their policy not to pay until the tenant has lived there a certain length of time.
Monetary Loss: $1830.