Question
1.Barnes was orally hired by Paula to locate desirable real estate that she could use for rental property.She stated she wanted to find a four-plex
1.Barnes was orally hired by Paula to locate desirable real estate that she could use for rental property.She stated she wanted to find a four-plex that could be purchased for under $200,000 that could be rented for at least $1,000 per unit (or $4,000 rental per month for the entire property).Barnes located a four-plex that could be purchased for $160,000 and was renting for $1,200 per unit.It was such a good deal that he purchased it for himself.About two months later, he found a second property that was listed for $199,000 and rented for $1,000 per month per unit.Paula purchased the property.Later, she learned that Barnes had purchased the $160,000 four-plex for himself without telling her about it.Paula believes Barnes acted improperly.Barnes claims that he did what she asked - he found a property for under $200,000 that rented for $1,000 per unit.He also claims that since their agreement was oral, he has a legal defense if she pursues the matter in court.Does Paula have any recourse against Barnes?If so, what is the recourse.Explain fully.
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