In October 1984, defendant executed plaintiff broker Merritt Associates, Inc.'s standard-form exclusive-right-to-sell agreement. Thereunder, defendant's property, a co-op townhouse, was to be offered for sale at a list price of $375,000 and the agent was entitled to a commission of 5% of the selling price. The terms "listing" and "selling" price were not defined in the agreement. It appears both parties were operating under the erroneous premise that the purchaser of the...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
