Al-Oil, Inc. v. Pranger

In November, 1958, the defendants were the owners of a parcel of land, approximately an acre in extent, located on Grroesbeck highway in the city of' Warren, Macomb county. Desiring to sell the property, they listed it with a real-estate broker who procured a written offer for its purchase by plaintiff for the sum of $35,000. A deposit in the sum of $1,000 was made with said broker, and the offer to purchase specified that the balance should be paid in cash or by certified check at the time of closing of the transaction. It was further provided that the broker might at his option deliver the…