Opinion ID: 1613051
Heading Depth: 1
Heading Rank: 3

Heading: Owner's Right to Rental Fee.

Text: The appellants urge that St. Regis Corporation is not entitled to collect fees for expenses incurred in rerenting the premises because the corporation is not a licensed real-estate broker. Sec. 136.01 (2) (a), Stats., defines a real-estate broker as one who rents an interest or estate in real estate for another. Appellants argue that respondent was rerenting on behalf of appellants. Respondent owns this property and is renting the premises for its own benefit. Moreover, the respondent lessor is under a duty to rerent in an attempt to minimize damages. [9] Respondent is allowed to charge the collection fee specified in the contract, $180, on rerenting its own property to minimize damages which would accrue against the appellants. It is not barred because it did not have a real-estate broker's license. By the Court. Order affirmed.