In March 1988, defendant Luigi Benequista signed a listing agreement with plaintiff, a licensed real estate brokerage, authorizing it to serve as realtor in the sale of property located at 1259-1263 State Street in the City of Schenectady (hereinafter the property). The listing agreement set forth an asking price of $350,000, with a commission of 10% of the actual purchase price to be paid to plaintiff upon the execution of a contract for the...
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