Koepke Sayles & Co. v. Lustig

The appellant, Koepke Sayles & Co., a corporation, is a real estate broker, doing business in the city of Seattle. It had listed with it for sale certain real property of which one Tevis and one Koch were the owners. It entered into negotiations with the respondent, Lustig, for the sale of the property to him, which finally resulted in an agreement on the part of the respondent to purchase the property on certain stated terms. The respondent at that time gave to the appellant his check, payable to the appellant, in the sum of $500 as a part payment on the purchase price of the property. The…