Osburn v. Addington

Citations

• 91 Kan. 586
• 138 P. 603
• 1914 Kan. LEXIS 85

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>I. Broker — Exchange of Properties — No Completed Agreement —No Commission Earned. A broker who undertakes for his principal to negotiate an exchange of properties on specified terms or those which will be satisfactory to his principal is not entitled to a commission until an agreement between owners has been made nor so long as any of the material terms or conditions of the exchange are unsettled.</p> <p>2. S/ ME. The evidence herein examined and it is held that the acts and declarations of the owners of the land show that they had proceeded no farther than preliminary negotiations, that a completed agreement had not been made, and that no commission had been earned by the broker.</p>