WASSERMAN v. LITAS INVESTING CO., INC.


124 A.D.2d 581 (1986)

Alexander Wasserman, Doing Business as Wasserman Realty Service, Respondent, v. Litas Investing Co., Inc., et al., Appellants

Appellate Division of the Supreme Court of the State of New York, Second Department.

November 3, 1986


Ordered that the judgment is affirmed, with costs.

In a brokerage agreement executed by the parties, the defendants agreed to pay the plaintiff a $110,500 commission if and when title closed pursuant to a contract for the sale of land between the defendant Litas Investing Co., Inc. (hereinafter Litas), the seller, and a third-party purchaser, the Green Point Savings Bank. The commission would also become due and payable if title did not close due to Litas's willful...

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