CASE STUDIES- BUSINESS LAW

Case Studies- Business Law

Case Studies- Business Law

Harrison & Bates, Inc. v. LSR Corporation

In the case of Harrison & Bates, Inc. v. LSR Corporation, 238 Va. 741, 385 S.E.2d 624 (1989), the Court believed that on paper commission-sharing accord between an out-of-state broker with a Virginia-licensed real estate broker was not applicable as the out-of-state broker was without license in Virginia for that reason he was not sanctioned to take on brokerage activity, in addition to be remunerated for such unauthorized action. The agreement prepared amid the two firms was in infringement of Virginia's real estate ...