Despite deal going up in smoke, broker is entitled to commission

A sales broker's commission is valid even when a real estate transaction was never closed, according to the Missouri Court of Appeals Western District.In Dan Byrd v. Frank B. Wilson Trust, the appeals court determined that the contract between an auctioneer and the trust stipulated no exclusions for failed deals, thus the trust owed Byrd ...

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Despite deal going up in smoke, broker is entitled to commission

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