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Are house brokers in Mumbai legally allowed to charge brokerage from the landlord and / or the tenant for a rented property every year the agreement is renewed?
I have a question regarding house brokers in Mumbai. Are they legally allowed to charge brokerage from both the landlord and the tenant every year, when the rental agreement is renewed?
According to the Maharashtra Ownership Flats Act, a broker is not allowed to charge brokerage from both the parties at the same time. They can either charge the landlord or the tenant, but not both.