Legal Opinion

Burge v. First Southern Savings Bank

Court of Appeals of North Carolina

Decided May 3, 1994No. 9326SC507PublishedCited by 3 opinions

1Opinion of the Court

ARNOLD, Chief Judge.

Plaintiffs argue that they are entitled to a commission on the sale of defendant’s property because their prospect ultimately purchased the property. A real estate broker is entitled to a commission if the broker proves (1) the existence of a binding contract between the broker and seller and (2) the broker’s performance *650of that contract. Thompson-McLean, Inc. v. Campbell, 261 N.C. 310, 313, 134 S.E.2d 671, 674 (1964). The performance generally required of the broker is to find a purchaser ready, willing, and able to purchase the seller’s property on the terms provided in…

2Cases cited6 opinions

  1. Thompson-McLean, Inc. v. CampbellSupreme Court of North Carolina · 1964
  2. Bolich-Hall Realty & Insurance v. DisherSupreme Court of North Carolina · 1945
  3. State v. BarrettSupreme Court of North Carolina · 1982
  4. Hecht Realty, Inc. v. WhisnantCourt of Appeals of North Carolina · 1979
  5. Onslow Wholesale Plumbing & Electrical Supply, Inc. v. FisherCourt of Appeals of North Carolina · 1982

1 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Pulla v. Amoco Oil Co.District Court, S.D. Iowa · 1994
  2. Gunn v. Lab. Corp. of Am.North Carolina Business Court · 2014
  3. Gunn v. Laboratory Corp. of Am.North Carolina Business Court · 2011

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API