Litton signed a listing contract with Monroe, a real estate broker, allowing Monroe to sell his (Litton's) house for $60,000. Monroe found a buyer who was willing to pay $65,000. May Monroe keep the extra $5,000?
Ortiz agreed to sell Patton her house for $50,000, but they did not sign a contract of sale. Later, Ortiz changed her mind and refused to go through with the sale. Is Ortiz legally obligated to sell her house to Patton for $50,000?
Fram signed a contract to sell his home to Mills, with possession to be given on May 1. If Mills cannot obtain a mortgage by May 1 and the contract is silent about this, can Fram force Mills to close the transaction on May 1?
Tovin sold his house to Lake in the morning. Later the same day, Tovin sold the same house to Andre. Andre recorded the deed at once. Lake did not record the deed he received until two days later. Who legally owns the property?