This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Where the broker knew that the principal held only a mortgagee's interest in the property, and might not be able to obtain title by foreclosure, the broker could not recover commissions for negotiations which were not completed because the principal did not obtain title through such proceedings. Corbin v. Mechanics' & Traders' Bank, 106 N. Y. S. 573, 121 App. Div. 744; Montgomery v. Amster (Tex. C. A. '09), 122 S. W. 307; Cain v. Min-norette, 162 N. W. 287, - Mich. Sup. -; Gettlum v. Lewis, 172 N. W. 387, - Mich. Sup. -; Brownell v. Hanson, 186 P. 873, - Wash. Sup. - .
 
Continue to: