Question
Seller gives Broker listing that contains specific provision to be complied with by broker upon finding a buyer. Broker finds buyer, but then fails to
Seller gives Broker listing that contains specific provision to be complied with by broker upon finding a buyer. Broker finds buyer, but then fails to comply with all the provisions set out in the listing contract. Which is correct?
A- brokers failure to faithfully perform the provisos specified could result in charges of culpable negligence for failing to use skill, care, and diligence in transaction could prevent broker from collecting his commission
B- as the main purpose was to find buyer, and broker did, broker is entitle to full commission even though seller refuses to close
C- seller must close the transaction with this buyer and pay full commission to broker. D- broker and seller must go to arbitration
D- broker and seller must go to arbitration
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