Legal Opinion

In re the Estate of Oster

Appellate Division of the Supreme Court of the State of New York

Decided December 27, 1939PublishedCited by 1 opinion

1Opinion of the Court

Decree so far as appealed from affirmed, with costs. Appeal from the decision dismissed,. Memorandum: When the decedent Oster conveyed the property to Mabel D:. Harper and she assumed and agreed to pay the mortgage, Mabel D. Harper became) the principal debtor and decedent became surety. As surety the decedent had the' right of subrogation. Upon payment of the deficiency judgment he was entitled1, to be subrogated to the rights of the claimants and to an assignment of the judgment against Mabel D. Harper. Claimants had knowledge that Mabel D. Harper' had assumed and agreed to pay the…

2Cases cited2 opinions

  1. Calvo v. . DaviesNew York Court of Appeals · 1878
  2. Wagoner v. BradyAppellate Division of the Supreme Court of the State of New York · 1927

3Cited by1 opinion

  1. Hamlet at Willow Creek Development Co. v. Northeast Land Development Corp.Appellate Division of the Supreme Court of the State of New York · 2009

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