Lang v. North Jersey Agency, Inc.

The opinion of the court was delivered by

Bodine, J.

The appeal is from a decree in Chancery.

The complainant Elmer IV. Lang owned a house in the City of Passaic and gave a bond and mortgage thereon to the Security Mortgage and Title Insurance Company. By assignments, it became the property of the Slovak Catholic Sokol. Thereafter, the complainants contracted to sell their house to the defendant and purchased one owned by it. The agreement fixed the value of complainants’ property at $7,500 and the defendant’s at $17,500. A closing statement prepared by the defendant showed a credit for the…