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I need help with this Law question. please?

On May 8, 2009 / By Real Estate Law Help / In Real-Estate-Law-Terms

On May 1, Faith, a real estate agent, and Grace, a commercial property owner, sign an agreement to find a buyer for Grace’s office building. Under the terms, if a buyer makes a serious offer within sixty days, Grace must pay Faith’s commission. Faith puts signs on the building, ads in real estate pamphlets and a local newspaper, and features the property in a "walking" tour on the Internet. On June 1, Grace tells Faith that she is canceling their arrangement. Ten days later, Grace closes a sale on the building without Faith’s participation. Faith files a suit against Grace for the amount of her commission. In whose favor is the court most likely to rule and why?

thanks

2 Responses to “I need help with this Law question. please?”

  1. James said:

    May 08, 09 at 5:24 pm

    Depends if the 60 days where up. If they weren’t she has the right to her commission under wisconsin law.

  2. Wright_M said:

    May 08, 09 at 7:41 pm

    Faith. Faith put up signs and put the place on the internet. The buyer most likely saw one of these signs, contacted the owner rather than the real estate agent, and the owner ran with it to avoid commission.


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