Mulford v. Shaffer

The instant matter was initially brought before respondent, the Secretary of State, under Real Property Law § 441-c as a result of a complaint made against petitioner by the co-owner of about 20 acres of land in the Town of Lenox, Madison County, which petitioner undertook to sell as a cobroker. The complainant had signed an exclusive listing of the property at $14,000 with another broker containing a provision for a 7% commission. Petitioner presented, and had the complainant accept and sign, a purchase offer which was expressly contingent upon the buyer’s ability to construct multifamily…