FIRST MONROE, INC. v. REGENCY MANOR ASSOCS.


221 A.D.2d 1023 (1995)

635 N.Y.S.2d 379

First Monroe, Inc., Respondent, v. Regency Manor Associates, L.P., Appellant. (Appeal No. 1.)

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

November 15, 1995


Judgment unanimously affirmed with costs.

Memorandum:

Supreme Court properly granted plaintiff summary judgment in its action for breach of contract. The letter agreement between the parties provided that defendant was liable to pay plaintiff, a loan broker, a placement fee that would be earned and due "upon delivery to [defendant] of a mortgage loan commitment having the terms indicated or any other terms which you accept." It is undisputed that such a commitment...

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