Ross v. Perry

1 Citing case

  1. Ross v. Perry

    281 N.C. 570 (N.C. 1972)   Cited 7 times

    6. Brokers and Factors 6; Eminent Domain 5 — condemnation of rental property — unaccrued rents — realtor's commissions Where, as compensation for the procurement of a 50-year lease of hotel property, a realtor was to receive a commission each month as long as the lease continued and rents were collected from the tenant, the realtor cannot base a claim for commissions on an award to the owner for condemnation of the property by a municipal redevelopment commission, since the award was not a payment of unaccrued rentals but was the fair market value of the hotel property in cash. APPEAL by plaintiff pursuant to G.S. 7A-30 (2) (1969) from the decision of the Court of Appeals, reported in 12 N.C. APP. 47, 182 S.E.2d 655 (1971), affirming the judgment of Exum, J., at the 26 October 1970 Session of GUILFORD. This appeal was docketed and argued at the Fall Term as No. 119. McLendon, Brim, Brooks, Pierce Daniels and E. Norman Graham and C. Allen Foster for plaintiff appellant.