real estate

Sheriffs Sale Vacated

When a homeowner fails to make mortgage payments, the lender will typically file a foreclosure action.  Ultimately the lender may obtain a final judgment of foreclosure and then schedule a sheriffs sale for the property.  At the sheriffs sale, the highest bidder will obtain title to the property, by a deed from the sheriff to the bidder upon payment in full …

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Love Stinks

(This according to the J. Geils Band song of the same name.) “And may lead to litigation…” A recent unreported Appellate Division decision involved parties that were romantically involved. The plaintiff purchased property and built a house. Prior to the closing, the parties executed an agreement in which plaintiff promised to deed the house into …

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