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FARE Act Wins Legal Battle | Real Estate News
Description
REBNY’s last-ditch legal challenge to the FARE Act has been crushed by a federal appeals court, clearing the way for the law’s core provision—shifting broker fees to the hirer—to stand. The court rejected REBNY’s First Amendment and state law arguments, calling them baseless, while upholding the law’s enforcement. The only remaining claim—about pre-December 2024 tenant-paid listing contracts—is still alive, but for now, the FARE Act is firmly on solid legal ground.
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