Lane — the Real Estate Department Store, Inc., Appellant v. Lawlet Corp., Respondents

Summary

The New York Court of Appeals held that a real‑estate broker earns his commission by producing a ready, willing and able buyer at the seller's terms, regardless of any later failure to close or lack of a written agreement, and that the Appellate Division erred in reversing the jury verdict and dismissing the complaint; the appellate order was reversed and a new trial was ordered.