This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
Defendant's real property was heavily incumbered with back taxes. Under an act of the Legislature she could by paying them off by a given date, gain a rebate of interest. To accomplish this end, and after estimating the amount required, she employed plaintiff to procure a loan on bond and mortgage "for $70,000 or $80,000," his commission to be five per cent., and later the amount was raised to $85,000. Plaintiff agreed to procure it in time for a compliance with the act. Defendant assumed the expense of "procuring tax bills." Plaintiff in due time found a lender ready, able and willing to furnish $85,000. Held, that the agreement imposed no obligation upon either plaintiff or the proposed lender to obtain searches and estimates showing the exact amount of the taxes, and that the failure to do so did not relieve defendant from her liability for plaintiff's commissions. Scott v. Woolsey, 47 N. Y. S. 320, 20 App. Div. 541.
 
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