Yrisarri v. Wallis

OPINION

WOOD, Judge, Court of Appeals.

This appeal involves á real estate brokerage agreement.

Defendant, by written agreement, authorized plaintiffs to act as defendant’s 'exclusive agent in negotiating a lease of ■defendant’s real estate with a motel chain. Defendant agreed to pay a commission of 5% of the total lease price, plus 3% sales tax on the commission, at the time of closing.

A lease between defendant and the motel chain was entered for a term of 54 years with a firm minimum rental of $669,250.00. Subsequently, the lease was rescinded due to a problem in connection with defendant’s'…