Sentences with phrase «subsequent listing broker»

Not exact matches

A New Jersey appellate court has considered whether a listing broker's failure to disclose to the seller that her husband was the buyer of his property had caused the subsequent purchase contract to be void.

Heelan Realty and Development Corp. v. Ocskasy (27 A.D. 3d 620)- broker's claim dismissed; although testimony supported conclusion that the contractional relationship of the parties continued beyond the expiration date of the written listing agreement, the broker failed to present legally sufficient evidence of its entitlement to payment of a brokerage commission; prospective buyer's principal testified that buyer was not advised regarding the environmental contamination and subsequent remediation of the property, that regulatory approvals of the clean up work had not been obtained and was unable to state that the prospective buyer would have consummated the purchase had it been aware of the contamination issues; broker failed to establish that buyer was ready, willing and able to purchase the property and that there was a meeting of the minds between the buyer and the seller

Balfour v. Passarelli (245 A.D. 2d 720)-- during period of exclusive right to sell listing agreement with owner of building lots, broker procured memoranda agreement from three buyers wherein the buyers and owner agreed to execute a construction contract at a later date beyond the expiration of the listing agreement; upon buyers» fulfillment of their obligations to enter into subsequent construction contracts, broker was entitled to her commissions.

Where a buyer or tenant representative is compensated by the seller or landlord, and not by the listing broker, and the listing broker, as a result, reduces the commission owed by the seller or landlord and, subsequent to such actions, another cooperating broker claims to be the procuring cause of sale or lease.

Where a buyer or tenant representative is compensated by the buyer or tenant and, as a result, the listing broker reduces the commission owed by the seller or landlord and, subsequent to such actions, another cooperating broker claims to be the procuring cause of sale or lease.

Where a buyer or tenant representative is compensated by the seller or landlord, and not by the listing broker, and the listing broker, as a result, reduces the commission owed by the seller or landlord and, subsequent to such actions, claims to be the procuring cause of sale or lease.