(Download) "Feinberg Bros. Agency v. Berted Realty Co." by Court of Appeals of New York * Book PDF Kindle ePub Free

eBook details

Title: Feinberg Bros. Agency v. Berted Realty Co.
Author : Court of Appeals of New York
Release Date : January 17, 1987
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 60 KB

Description

Plaintiff, Feinberg Bros. Agency, Inc., a licensed real estate broker, instituted this action to recover commissions due it
from defendant Berted Realty Co., Inc. It is alleged in the complaint that on May 24, 1983 plaintiff orally agreed with defendant
to find a purchaser for defendant's premises in New Rochelle, New York. Pursuant to the terms of the brokerage agreement,
plaintiff's commission for finding a purchaser would equal 6% of the property's purchase price. The asking price for the realty
was originally $640,000, but was subsequently raised to $675,000.