Midland Mortgagee Corp. v. 220 Highland Boulevard Realty Co.
Opinion of the Court
In an action to recover a mortgage broker’s commission, the plaintiff ap
Ordered that the order and judgment and the orders are affirmed, with one bill of costs.
The defendants sought the services of the plaintiff, a mortgage broker, in order to procure a mortgage. The broker’s commission was to be earned upon the making of a commitment by the lender, payable at the closing. The plaintiff procured a commitment which, in its terms, varied substantially from the terms sought by defendants. Although the evidence indicated that the defendants may have considered accepting the commitment offered, they in fact decided otherwise. There having been no acceptance of the commitment, the plaintiff is not entitled to recover a commission (see, Gilder v Davis, 137 NY 504; cf., Midland Mortgagee Corp. v Kazarnovsky, 128 AD2d 595). Brown, J. P., Lawrence, Hooper and Balletta, JJ., concur.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.