SUFFOLK COUNTY MORTGAGE CO. v. SHEA


44 Misc.2d 266 (1964)

Suffolk County Mortgage Co., Plaintiff, v. William P. Shea et al., Defendants.

Supreme Court, Special Term, Suffolk County.

September 22, 1964


Attorney(s) appearing for the Case

Benjamin Greshin for plaintiff. Albert J. Luglio for defendants.


JACK STANISLAW, J.

Plaintiff and defendants Shea entered into an agreement whereby the former agreed to act for the latter in obtaining a mortgage commitment in the sum of $22,000. The agreed gross fee of $2,000 would be earned upon issuance of the commitment and payable at the mortgage closing. If the closing was delayed or the commitment cancelled due to defendants' willful fault then the fee would become immediately due. The agreement itself is dated...

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