Legal Finance: New Case Law Alert Over Who Pays Agent's Commission

Summary


Litigation over whether a seller or developer is required to pay commission to an estate agent is not uncommon, but Birmingham solicitor Williamson & Soden says a recent case has established a key principle, which should help reduce the number of disputes.

A national housebuilder was taken to task by an agent that had introduced it to a site, even though the purchase was not concluded until seven years later.

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Extract


Legal Finance: New Case Law Alert Over Who Pays Agent's Commission

The High Court ruled the agent's introduction was "spent" a year after it ...

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