Executed bilateral executory agreement

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Reference no: EM133800195

Question

A wealthy property owner Mr. Norman has executed a bilateral executory agreement to have his home sold by ReMax (also known as an exclusive right to sell listing agreement). The licensee/salesperson is Ms. Smith and Ms. Smith's employing broker at ReMax is Mrs. Sorenstam. Mr. Norman travels a lot for work and during a rain storm when he is away Ms. Smith notices the roof leaking, Mr. Norman has no knowledge of this. The weather soon clears up and an offer is made by Mrs. Lopez, the offer is accepted and Mrs. Lopez moves in. Shortly thereafter a heavy rain storm occurs causing the roof to leak making the wood floors slippery causing Mrs. Lopez to fall suffering an injury causing loss of income pain and suffering as well as damage to art and furniture of Mrs. lopez. Mrs. Lopez contacts a law firm to bring a lawsuit. Because Mr. Norman is wealthy the lawyer targets him in the lawsuit, not ReMax. Can Mr. Norman be found liable? Why or why not, support your case.

Reference no: EM133800195

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