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JAMESON REALTY GROUP v. KOSTINER

No. 1-03-2914.

813 N.E.2d 1124 (2004)

351 Ill. App.3d 416

286 Ill.Dec. 431

JAMESON REALTY GROUP, Plaintiff-Appellee, v. Lewis KOSTINER, Defendant-Appellant.

Appellate Court of Illinois, First District, Fourth Division.

July 29, 2004.

Attorney(s) appearing for the Case

Vurdelja & Heaphy, Chicago (George N. Vurdelja, Jr., of counsel), for Appellant.

Schain, Burney, Ross & Citron, Ltd., of Chicago (Jerome Wiener and Timothy J. McGonegle, of counsel), for Appellee.

Presiding Justice QUINN delivered the opinion of the court:

This appeal concerns, inter alia, the validity of a liquidated damages clause in a real estate brokerage contract under which a broker sought to recover damages against a seller who prematurely terminated an exclusive listing agreement with the broker. For the following reasons, we hold that the provision is valid and affirm the judgment of the circuit court.

BACKGROUND

In March 1998...

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