Request Business Consultation
Featured
Business Law Infographic »
Employees: your assets today, potential liabilities tomorrow »
Perception Conflict in Your Business »
Contact Information
4025 Camino Del Rio South
Top Floor, Suite 300
San Diego, CA 92108
Call Toll Free: (800) 991-6504
Local Phone: (858) 779-9604
Fax: (858) 605-1408
Testimonial
In these trying economic times there are many of us “upstanding citizens” who never thought they would be faced with losing their home, their way of life, their good credit. So when my husband and...
Nicole
Real Estate Commission Dispute? Make sure you meet the necessary elements.
If you are a real estate broker or agent, you may have had to pursue in collecting your commission or a dispute has arose of the procuring cause of the sale. Here are the basic elements to be entitled to your commission: (1) the broker or salesperson must be licensed by the Department of Real Estate, (2) obligation to pay compensation must be made in writing, and (3) depending upon the terms of the agreement, the broker must have procured a ready, willing, and able buyer or tenant, prepared to buy or lease the property.
Of course, procuring cause is almost always the subject of litigation. Usually this can be avoided with appropriate listing agreements.