Opinion · Massachusetts Supreme Judicial Court
Stern v. Old Colony Trust Co.
276 Mass. 456
- Type
- Opinion
- Court
- Massachusetts Supreme Judicial Court
- Jurisdiction
- Massachusetts
- Date
- 1931-09-10
- Topic
- general
Wait, J. We find no error in the refusal of the trial *457judge to direct a verdict for the defendant. There was evidence to justify finding that the plaintiff was asked to find a purchaser for certain real estate at a price of $375,000, $50,000 in cash and the balance in a mortgage payable in ten years at six per cent interest; that he found a purchaser and received a check for $5,000 as a deposit; that, at the seller’s request, he retained the deposit, but eventually returned it, after the seller changed his mind and refused to go on with the transaction. There was no testimony that the seller ever questioned the readiness, willingness and ability of the proposed purchaser to make the necessary payment and to give the mortgage". There was evidence that he had met the purchaser and learned from him that he had purchased adjoining property and proposed building upon it.
Citator
- Cited by
- 34 opinions
We find no error in the refusal of the trial
There is here evidence to justify a finding that the seller admitted the financial ability, the readiness and willingness of the customer; that he accepted him so far as these qualifications were concerned. The contention of the defendant that the plaintiff had not produced evidence sufficient to require submission to the jury on these matters is not well founded. It makes no other serious contention.
The law is unquestioned that a real estate broker has earned his commission or the agreed price when before the offer is withdrawn he has produced a customer able, ready and willing to purchase on the stipulated conditions of the
Exceptions overruled.