Sec. 596b. Marketable Title In Fee Simple Necessary To Give Broker Right To Commission, In Absence Of Binding Contract With Purchaser
Description
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.
Sec. 596b. Marketable Title In Fee Simple Necessary To Give Broker Right To Commission, In Absence Of Binding Contract With Purchaser
A marketable title in fee simple to property desired to be purchased by a principal is necessary to sustain a broker's claim for commissions, when the purchaser has not entered into a binding contract to purchase. Kinney v. Echenberger, 145 P. 665, 74 Or. 442.
Continue to:
My Books
