(Download) "Citation Co. Realtors" by In the Court of Appeals of the State of Oregon " eBook PDF Kindle ePub Free
eBook details
- Title: Citation Co. Realtors
- Author : In the Court of Appeals of the State of Oregon
- Release Date : January 29, 1980
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 59 KB
Description
1 This Court has previously granted certiorari to review an unpublished opinion of the Court of Appeals reversing and remanding the cause after the trial court had granted summary judgment on behalf of a real estate broker for commission earned in the sale of a condominium project in Tulsa, Oklahoma. The broker, Citation Company Realtors, alleged in its petition that the defendant, John Lyon, executed an agreement through which he had agreed to pay a brokers commission of $50,000.00, $35,000.00 of it to be paid upon closing of the sale of the condominium complex and the balance, or $15,000.00 to be paid when 57 units of the project have been sold and closed. The plaintiff alleged it found a buyer and the last installment was due, owing and unpaid. Plaintiff alleged the final payment was due in a reasonable time and that the sale of 57 units was not an absolute condition precedent to payment, and alternatively, if the condition was held to be absolute the condition was met when defendant executed a deed to the complex to Sooner Federal Savings & Loan or the defendant himself rendered compliance impossible, thereby waiving compliance.
 "Citation Co. Realtors" by In the Court of Appeals of the State of Oregon " eBook PDF Kindle ePub Free){kind=link}