Ash Park, LLC v. Alexander & Bishop, Ltd.

Ash Park, LLC entered into a one-party listing contract with Re/Max Select, LLC providing that Ash Park shall pay a broker’s commission to Re/Max if Ash Park enters into an “enforceable contract” for the sale of a parcel of vacant land. Ash Park entered into a contract for the sale of the land with Alexander & Bishop, LLC, but Alexander & Bishop later breached the purchase contract, and the sale of the land was never consummated. The circuit court declared that Ash Park owed no broker’s commission to Re/Max and ordered Re/Max’s broker lien discharged from the property. The court of appeals reversed. The Supreme Court affirmed, holding that the purchase contract between Ash Park and Alexander & Bishop constituted an “enforceable contract” within the meaning of the listing contract between Ash Park and Re/Max, and therefore, Re/Max was entitled to a broker’s commission even though Alexander & Bishop breached the purchase contract and the sale was never consummated. View "Ash Park, LLC v. Alexander & Bishop, Ltd." on Justia Law