U.S. Bank, N.A. v. Persaud
New York Supreme Court
1Opinion of the Court
OPINION OF THE COURT
Charles J. Markey, J.
The present motion, by order to show cause, addresses the thorny and interesting issue of who has the responsibility, at a mortgage foreclosure sale, to pay the real estate transfer taxes.
It is ordered that the motion is determined as follows:
Plaintiff U.S. Bank, N.A., obtained a judgment of foreclosure and sale dated November 25, 2008, and the Referee conducted a foreclosure sale of the subject premises known as 120-50 200th Street, St. Albans, New York on February 5, 2010.
The nonparty movant Homes and Estate Holding Corp. (Homes) was the successful…
2Cases cited11 opinions
- Jorgensen v. Endicott Trust Co.Appellate Division of the Supreme Court of the State of New York · 1984
- Zouppas v. YannikidouAppellate Division of the Supreme Court of the State of New York · 1962
- National Bank of Stamford v. Van KeurenAppellate Division of the Supreme Court of the State of New York · 1992
- Crisona v. MacalusoAppellate Division of the Supreme Court of the State of New York · 1969
- Renaissance Complex Redevelopment Corp. v. Renaissance AssociatesAppellate Division of the Supreme Court of the State of New York · 1998
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3Cited by1 opinion
- Bank of America v. PetitAppellate Division of the Supreme Court of the State of New York · 2011