Legal Opinion
Cambridge Factors, Inc. v. Thompson
Appellate Division of the Supreme Court of the State of New York
Decided May 8, 1995PublishedCited by 7 opinions
1Opinion of the Court
In an action, inter alia, to foreclose a mortgage, the defendant Earl G. Thompson appeals from an order and judgment (one paper) of the Supreme Court, Rockland County (Stolarik, J.), dated March 17, 1993, which is in favor of the plaintiff and against him.
Ordered that the order and judgment is affirmed, with costs.
As a general rule of law, a mortgage may become merged and extinguished where title to the land and ownership of the mortgage become vested in the same person (see, 78 NY Jur 2d, Mortgages and Deeds of Trust, § 314; Becker v Snowden Dev. Corp., 66 Misc 2d 1060; American Sav. & Loan…
2Cases cited2 opinions
- American Savings & Loan Ass'n v. EidelbergNew York Supreme Court · 1967
- Becker v. Snowden Development Corp., New York County Courts1971
3Cited by7 opinions
- Congregation Beth Medrosh of Monsey, Inc. v. Rolling Acres Chestnut Ridge, LLCAppellate Division of the Supreme Court of the State of New York · 2012
- Riley v. South Somers Development Corp.Appellate Division of the Supreme Court of the State of New York · 1996
- Pergament v. Maghazeh Family Trust (In Re Maghazeh)United States Bankruptcy Court, E.D. New York · 2004
- CDC Builders, Inc. v. Biltmore-Sevilla Debt Investors, LLCDistrict Court of Appeal of Florida · 2014
- Garan v. PeopleAppellate Division of the Supreme Court of the State of New York · 1999
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