On April 10, 1976, David and Kandy Berley, as owners, entered into a written multiple listing agreement with the defendant broker, whereby the broker would undertake to find a purchaser for the Berley premises. The agreement authorized the broker to "hold any and all deposits made by a purchaser in an escrow account until the date of closing, or date of cancellation of the contract by mutual consent of the parties, whichever is sooner". On June 2, 1976, the plaintiffs (the...
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