Detroit Mortgage & Realty Co. v. Rogers
Opinion
Defendants proposed to construct apartment buildings in Bloomfield Township, Michigan, and negotiated with plaintiff to secure a loan to finance construction. Defendants agreed to pay plaintiff $6,400 for obtaining a commitment from a lender. After plaintiff secured a commitment from a lender, defendants refused to consummate the loan. Plaintiff brought suit for the contract price as the fair value of its services, and plaintiff recovered a judgment for $6,400. Defendants appeal.
An examination of the records and briefs discloses no prejudicial error.
Affirmed with costs to plaintiff.
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166 N.W.2d 60 (Detroit Mortgage & Realty Co. v. Rogers) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.