broker's commission
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 61 U.S. 221 - McGavock v. Woodlief · 1857Most cited · 81 citing opinions
The broker must complete the sale; that is, he must find a purchaser in a situation and ready and willing to complete the purchase on the terms agreed on, before he is entitled to his commissions.
How often courts cite the cases defining “broker's commission”
Court decisions citing the 2 opinions that defined “broker's commission” — 147 in all, by decade. Counts are citations to the defining cases as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.
All 2 definitions, chronological · 1857–1907
in order to be entitled to commission 'the broker must complete to sale; that is, he must find a purchaser in a situation and ready and willing to complete the purchase on the terms agreed on.' But this rule is inapplicable when the owner refuses, without sufficient reasons, to fulfil the agreement which the agent has made.
effective procuring cause