Law of Real Estate Brokers: With Forms ... |
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Common terms and phrases
able to purchase accept action agency agent agreed agreement amount binding bring broker employed broker is entitled broker produces broker's commissions buyer CHAPTER chaser citing claim commis commissions are earned compensation consummated contract of sale court defect defendant duty earned his commission employer employment entitle the broker entitled to commissions exchange executed fact faith find a purchaser fixed fraud held implied infra interpleader Iowa knowledge land lease liable loan Mass matter ment Minn Misc N. Y. Suppl obligation owner paid party payment performance person plaintiff principal principal's procuring cause produces a purchaser promise to pay proposed purchaser purchaser ready ratification real estate broker real property reasonable recover refuses representations rule sale of real seller sions Statement statute Statute of Frauds supra tenant tion tract transaction undisclosed principal unless usage vendee vendor
Popular passages
Page 49 - AND seeing the multitudes, he went up into a mountain: and when he was set, his disciples came unto him: And he opened his mouth, and taught them, saying, Blessed are the poor in spirit: for theirs is the kingdom of heaven.
Page 32 - ... unless the agreement, upon which such action shall be brought or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or some other person thereunto by him lawfully authorized.
Page 42 - ... any interest in or concerning them, or upon any agreement that is not to be performed within the space of one year from the making thereof, unless the agreement upon which such action shall be brought, or some memorandum or note thereof, shall be in writing and signed by the party to be charged therewith...
Page 31 - An agreement authorizing or employing an agent or broker to purchase or sell real estate for compensation, or a commission," is invalid, unless the same, or some note or memorandum thereof, be in writing and subscribed by the party to be charged, or his agent.21 § 23.
Page 406 - In witness whereof the said parties hereto have hereunto set their hands and seals.
Page 282 - Law of agency, where it is said: " wherever a party undertakes to do any act, as the agent of another, if he does not possess any authority from the principal therefor, or if he exceeds the authority delegated to him, he will be personally responsible therefor to the person with whom he is dealing for or on account of his principal.
Page 29 - The following contracts are invalid, unless the same, or some note or memorandum thereof, be in writing and subscribed by the party to be charged,' or by his agent: 1. An agreement that by its terms is not to be performed within a year from the making thereof; 2.
Page 329 - No agreement except to commit a felony upon the person of another, or to commit arson or burglary, amounts to a conspiracy, unless some act beside such agreement be done to effect the object thereof, by one or more of the parties to such agreement.
Page 34 - Where the agreement is to be performed upon a contingent, and it does not appear within the agreement that it is to be performed after the year, then a note in writing is not necessary, for the contingent might happen within the year; but where it appears by the whole tenor of the agreement that it is to be performed after the year, there a note is necessary.
Page 32 - No action shall be brought, whereby to charge any executor or administrator, upon any special promise, to answer damages out of his own estate; or whereby to charge the defendant, upon any special promise, to answer for the debt, default, or miscarriages of another person...