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26 Misc. 750

Loeffler v. Friedman

Appellate Terms of the Supreme Court of New York · decided 1899-03-15

<p>1. Principal and agent — Real estate broker’s commissions-.</p> <p>Where in an action for commissions a real estate broker proves neither employment, nor an agreement of the parties upon the terms and conditions of the sale or exchange, nor a promise to pay or to sell or exchange, he cannot recover of his alleged principal.</p> <p>2. Exchange — Offer and acceptance.</p> <p>On a proposed exchange, a broker wrote that his party would accept for his city house the farm of the other party “ free and clear and §2,000 cash”; the other party replied, “the utmost I could give is §1,000, the farm free and clear”; the broker answered, “I persuaded him (his party) to accept your proposition of §1,000 cash and the farm free and clear. If satisfactory you can meet the party tomorrow * * * to close the matter ”. Held, that there was no binding offer and acceptance.</p>

Cited by 1 later decisions — most recently June 1978

1 state decisions

Good law ✅— No negative treatment on recordhow we know

Decided 1899-03-15

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Leventritt, J. (Concurring.)

¶1In my opinion the correspondence between the plaintiff and the defendant, as detailed by Mr. Justice MacLean, established an agreement for the exchange of the defendant’s farm for the property on East Ninety-eighth street, and if the plaintiff had proven, to the satisfaction of the trial justice, employment by the defendant, or an express or implied promise on his part to pay brokerage to the plaintiff, the latter would have been entitled to recover. The plaintiff was, however, concededly the agent of- the owner of the Ninety-eighth street property, and on his behalf proposed an exchange to the defendant. The mere fact that the transaction was not in the nature of a sale, but involved an exchange, does not impliedly charge the defendant with any liability to compensate. The record fails to disclose any evidence of employment or of a uromise to pay, hence the judgment should be reversed.

¶2Judgment reversed and new trial ordered, with costs to appellant to abide event.

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