Mays v. Todaro

OPINION

By the Court,

Batjer, J.:

Appellants Griffo and Mays, real estate agents, contacted the Todaros, respondents, in May of 1974, indicating that they represented a buyer who was interested in purchasing respondents’ property located in Incline Village, Nevada, known as Angelo’s Back Door Bar & Restaurant. The asking price for the property was $285,000, requiring a down payment of $65,000. Soon after the down payment of $65,000 was agreed upon, appellants informed respondents that the buyer would not be able to pay that amount in a single payment.

On June 16, 1974, an agreement for the down…