![]() |
![]() |
Free Books / Real Estate / American Law Of Real Estate Agency / | ![]() |
|
![]() |
||||
![]() |
![]() |
|||
![]() |
![]() |
|||
![]() |
||||
|
|
||||
![]() |
![]() |
|||
![]() |
Sec. 200. Lease, With Privilege Of Purchase, Held Equivalent To A Sale |
![]() |
||
![]() |
||||
![]() |
![]() |
![]() |
||
![]() |
||||
This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
A contract which ran for one year, provided that if plaintiff, a real estate broker, effected a sale of defendant's property, he was to receive a certain commission, and in case a sale was made without his aid, or the property was withdrawn from sale, one-half such commission. Held, that a lease by defendant for five years, with the exclusive privilege to the lessee of purchasing at a fixed price, at any time before the expiration of the lease, was a sale within the meaning of the contract entitling plaintiff to one-half the commissions. Rucker v. Hall, 105 Cal. 425, 38 P. 962.
 
Continue to:
agent, real estate agency, brokerage, commissions, compensation, contracts, duties, exchanges, exclusive contracts, forms, interpretations, judicial constructions, leases, liabilities of principal, listing, loans, options, contracts, pleadings, practice, law, rights, sales
![]() |
|
|