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Posts Tagged ‘real estate broker’

If Buyer Defaults, Seller Still May Owe Real Estate Commission

By Christopher Combs | July 10, 2022

Question: We signed a purchase contract for the sale of our Peoria home, and escrow is scheduled to close next week.  Although we are prepared to close, we have been having second thoughts about moving to a California beach town.  Therefore, we were not exactly unhappy when the buyer telephoned us that he no longer…

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Court of Appeals Approves Verbal Co-Broker Referral Agreement if Performed Within One Year

By Christopher Combs | December 3, 2012

  On November 23, 2012, the Arizona Court of Appeals ruled that a verbal referral agreement between two real estate brokers was not enforceable because the verbal referral agreement could not be performed within one year as required by the Statute of Frauds.  Facts   Broker A entered into a verbal referral agreement for a…

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Recent Posts

  • Homeowner Association Lien Typically Lost By Foreclosure
  • Private Condemnation and Landlocked Parcels
  • There’s a Big Difference Between Special and General Warranty Deeds
  • Short Term Rental (“STR”) Parties On Street Should Be Disclosed
  • Encroaching Storage Shed Should Not Have to Be Torn Down

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Real Estate Agency Law

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