Turner v. First Union National Bank
Supreme Court of New Jersey
1Opinion of the Court
The opinion of the Court was delivered by
GARIBALDI, J.
This appeal involves the interpretation of N.J.S.A. 46:10A-6(d) (“Section (d)”), as amended by L. 1993, c. 33. N.J.S.A. 46:10A-6 guarantees borrowers the right to independent legal representa tion in mortgage transactions. Although Section (d) prohibits lenders from shifting their legal fees to borrowers, it contains an exception allowing lenders to obtain reimbursement for legal fees incurred for the review of loan documents. We must determine the scope of the Section (d) exception. Moreover, because one of the respondent banks is a…
2Cases cited15 opinions
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