Broker Can Deduct from Agent’s Commissions for Payments Made by Broker

Posted on July 1, 2011 by

ISSUE: The buyer claims that the agent lost the buyer’s $1,000 money order to be used as earnest money.  The agent denies that the agent lost the $1,000 money order.  The buyer got a judgment against the agent and the broker in small claims court for $1,000.  The broker has now paid $1,000 to the [...]

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