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188 Misc. 316

Thompson v. Waller

Appellate Terms of the Supreme Court of New York · decided 1947-02-21

Relies on Jaffe v. Lederer

Decided 1947-02-21

Per Curiam.

¶1Memorandum The so-called binder by its very terms was conditional, and there was therefore no meeting of the minds of the sellers and proposed purchaser. Prior to such meeting of the minds, defendants could withdraw their property from the market or could take it out of the hands of the plaintiff as broker. Even if it be assumed that the so-called binder had the force of a contract, it did not bind the purchaser, as it was not signed by him, and the purported agent who signed it was not authorized in writing. (Beal Property Law, § 279, subd. 5.) In the absence of a binding contract, a broker to be entitled to a commission must allege and prove the financial ability of his customer, in addition to his readiness and willingness. (Jaffe v. Lederer, 113 Misc. 356.)

¶2The judgment should be reversed upon the law, with $30 costs to defendants, and complaint dismissed, with appropriate costs in the court below.

¶3Mao Crate, Steinbrink and Fennelly, JJ., concur.

¶4Judgment reversed, etc.

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