Legal Opinion
Alcovy Realty Company v. Stone Mountain Abstract Company
Court of Appeals of Georgia
Decided February 13, 1976No. 51696PublishedCited by 4 opinions
1Opinion of the Court
Webb, Judge.
Alcovy-Realty Company brought suit on a real estate sales contract seeking recovery of broker’s commission from the sellers. The agreement as to commission provided: "Sellers agree to pay real estate brokerage commission in the total amount of $100,000.00, divided equally between Alcovy Realty Company and Wiley S. Ansley Company, payable in the following manner:(a) $50,000.00 to be paid at time of closing.(b) The remaining $50,000.00 due shall be payable in three annual notes, the first two in the principal amount of $16,666.00 and the third in the amount of $16,668.00.(c) Said…
2Cases cited3 opinions
- Hart v. MansonSupreme Court of Georgia · 1904
- Ansley v. Atlanta Suburbia Estates, Ltd.Supreme Court of Georgia · 1973
- Suburban Realty, Inc. v. BusbinCourt of Appeals of Georgia · 1975
3Cited by4 opinions
- Steinemann v. Vaughn & Co.Court of Appeals of Georgia · 1983
- Monroe v. KerseyCourt of Appeals of Georgia · 1993
- Metaxis v. SandersCourt of Appeals of Georgia · 1979
- Stone Mountain Abstract Co. v. Alcovy Realty Co.Court of Appeals of Georgia · 1977