133 Va. 332 | Va. | 1922
after making the foregoing statement, delivered the following opinion of the court.
In the view we take of the case, we need pass upon only one of the questions raised by the assignments of error, and that is this:
1. Did the court err in setting aside the verdict of the jury in favor of the defendant?
The question must be answered in the affirmative.
The rule upon this subject is, of course, well understood. If there was evidence before the jury, of a character not physically impossible or inherently incredible, which, if credited by the jury, was sufficient to sustain the verdict, it was reversible error in the trial court to set it aside.
In accordance with the evidence for the defendant, the contract, on which the action of the plaintiffs was based, did not obligate the defendant to pay the real estate agents’ commissions for obtaining for the landowner an executory contract of sale, but only for the obtaining of a completed or perfected contract of sale (i. e., a contract, closed by becoming embodied in the contemplated deed and deed of trust and other papers expected to be executed at the time fixed for the com
Where such is the contract between the landowner and the real estate agent, the liability of the landowner to the agent for commissions depends upon the question whether the agent, at the time fixed for the completion of a contract of sale which the agent relies on.as entitling him to commissions, has produced a purchaser ready, willing and able to comply with the landowner’s terms of sale as stipulated in the landowner’s contract, or as varied by mutual consent. Crockett v. Grayson, 98 Va. 354, 36 S. E. 477; Murray v. Rickard, 103 Va. 132, 48 S. E. 871. The case of Bankers' Loan Co. v. Spindle, 108 Va. 426, 62 S. E. 266, relied on for the plaintiffs, is not at all in conflict with this holding, but expressly recognizes the correctness of the doctrine just stated.
It is very true that, as argued for plaintiffs, the actual completion of the contract of sale is not a condition precedent to the right of the agent to commissions. This is true where the contract between the owner and the agent provides for a completed contract of sale, equally as where an executory contract of sale merely is provided for. But, in both eases alike, the agent must produce, at the time fixed in the contract of sale for its completion, a purchaser ready, willing and able to comply with the owner’s terms of sale aforesaid.
There was testimony before the jury tending to show that the purchaser, Minor, was not financially able to complete the contract of sale even at the time he repudiated it, and that he repudiated it for that reason, and not because of any alleged cloud upon the title; but it is unnecessary to consider those questions, as it is clear that however able, he was not willing to complete the contract of sale when the time arrived therefor.
The judgment under review will, therefore, be reversed, and final judgment will be entered for the defendant, with costs.
Reversed and final judgment.