CARTERET SAV. AND LOAN ASS'N, FA v. Davis
Supreme Court of New Jersey
1Opinion of the Court
The opinion of the Court was delivered by
O’HERN, J.
This case concerns a complication in a mortgage foreclosure sale. The question is whether a junior mortgagee who has acquired the debtor’s title at a prior foreclosure sale also acquires the limited ten-day right to redeem property after a foreclosure sale that the original debtor-mortgagor possesses by virtue of this Court’s decision in Hardyston v. Tartamella, 56 N.J. 508 (1970).
In 1976, Burton R. Davis and Mozell Y. Davis executed a second mortgage to the Modern Acceptance Corporation to secure a loan for $11,000. This second mortgage was…
2Cases cited8 opinions
- Hardyston National Bank v. TartamellaSupreme Court of New Jersey · 1970
- Illinois National Bank v. GwinnIllinois Supreme Court · 1945
- Lobsenz v. Micucci Holdings, Inc.New Jersey Superior Court Appellate Division · 1974
- First National Bank & Trust Co. v. MacGarvieSupreme Court of New Jersey · 1956
- Ghee v. DavenportNew Jersey Superior Court Appellate Division · 1949
3 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Chase Manhattan Bank v. JosephsonSupreme Court of New Jersey · 1994
- First Trust Nat. Assoc. v. MerolaNew Jersey Superior Court Appellate Division · 1999
- Matter of RossUnited States Bankruptcy Court, D. New Jersey · 1996
- East Jersey Savings & Loan Ass'n v. ShattoNew Jersey Superior Court Appellate Division · 1987
- In Re DowningUnited States Bankruptcy Court, D. New Jersey · 1997
23 more not listed; retrieve them via the Exa API.