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Sec. 8. Who Is Not A Broker |
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Free Books / Real Estate / American Law Of Real Estate Agency / | |
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Sec. 8. Who Is Not A Broker |
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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 salaried agent who does not act for a fee or rate per cent. for others is not a broker. Portland v. O'Neill, 1 Oregon, 218; Rodman v. Manning (Or. Sup. '09), 99 P. 657, 1135. A trust company, though authorized to buy and sell real estate, is not a broker. Cr. v. Tr. Co., 211 Pa. 51, 60 A. 551. A person employed to find a purchaser for certain property, and to run it for a share of the net profits, held, a servant and not a broker. McMana v. Dyer, 176 S. W. 1101, - Mo. App. - .
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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
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