Exchange Bank v. Strout Realty

OPINION

This case evolves from a case previously decided by this Court. See, Ivanhoe, Inc. v. Strout Realty, 90 Nev. 380, 528 P.2d 700 (1974). Before us then was the issue of a broker’s fee under a “net” real estate listing agreement between those parties.

Although this Court eventually found Ivanhoe not obligated to Strout in any manner, Ivanhoe nevertheless, prior to that litigation and as a condition of sale, had requested the third party purchaser Carrington to make some fee arrangement with Strout. Strout and Carrington had already entered into an *87agreement obligating Carrington to pay a…