Heifetz v. Bell

The judgment herein denied appellants relief in their action to recover for alleged fraud on the part of respondents arising out of appellants’ purchase of a parking lot business owned by Bell and sold through his agents, his codefendants who comprised a real estate brokerage firm.

Bell had given an exclusive listing of the business to his codefendants with the provision that he must realize $1,000 net from the sale and that any amount received above that sum would belong to the brokers. Appellants purchased the business through the brokerage for $2,500 on the representation that the owner…