Ulrich v. Lincoln Realty Co.

This is a controversy between redemptioners and the purchaser at a junior mortgage foreclosure sale. The questions presented by the purchaser are: (1) Did respondents have the right of redemption since realty and personalty were sold together for a lump sum? It is the contention of the purchaser that there can be no redemption of personal property and that absolute ownership thereof now vests in him. Purchaser also contends that, assuming that the sale of realty and personalty en masse did not preclude the right of redemption, redemptioners can not exercise such right for the reason that they…