Russell Post Properties, Inc. v. Leaders Bank

This appeal arises out of a dispute over the amount of a real estate commission payable to Russell Post Properties, Inc. upon the transfer of Leaders Bank’s substantially encumbered interest in the property to a third party. We affirm the trial court’s determination that the amount owed by Leaders Bank to Russell Post under the listing agreement is $1,250.00. However, we reverse the court’s decision, denying Leaders Bank attorney fees and costs on its offer of settlement.

In the midst of litigation over the amount of the commission earned by Russell Post as a result of the transfer of Leaders…