Mark V, Inc. v. Mellekas

OPINION

MONTGOMERY, Justice.

This is a dispute between a real estate agency and a property owner over a broker’s commission. The case affords an opportunity to review and apply the principles in our recent opinion in C.R. Anthony Co. v. Loretto Mall Partners, 112 N.M. 504, 817 P.2d 238 (1991). Applying C.R. Anthony, we discuss the appropriate methods for a trial court to use in determining whether a contract contains ambiguous terms and in resolving any ambiguities thus discovered.

In this case, the parties to an exelusiveright-to-sell listing agreement signed an addendum to the agreement…