Clifton-Strode, No. 2, Inc. v. Kent

This appeal arises out of a dispute over a realtor’s commission on the sale of an apartment building located in East Peoria, Illinois. On August 22, 1979, Samuel and Karolyn Kent entered into a listing contract giving Commercial National Realty Company (CNR) an exclusive right to sell and advertise the Kents’ apartment building. A CNR sign was placed at the front of the property. The listing contract was a standard multiple-listing agreement which provided that it would terminate on December 20,1979, and contained the following clause:

“If you [CNR] sell or exchange this property, or if this…