The appellant, an unregistered broker, sued for compensation under an agreement to sell the respondents' business and real estate.
The motion judge stayed the action under s. 22 of the Real Estate and Business Brokers Act, which bars actions for remuneration in connection with a trade in real estate by unregistered persons.
On appeal, the Court of Appeal held that s. 22 does not apply to the sale of a business effected by a share transaction, relying on Supreme Court precedent.
The stay was set aside regarding the claim for the sale of the business, but affirmed for claims relating to the lease extension and other services.
