Parsons v. Parsons

Case held, decision reserved, and matter remitted to Supreme Court, Monroe County, for further proceedings in accordance with the following memorandum: At the time of the marriage of the parties herein in 1972, they occupied a residence owned by defendant. In 1975, the property being in need of repair, the parties obtained a home improvement loan of $10,000; of this amount $7,000 was used to make improvements on the residence. In 1978, feeling that further improvements on the home were needed, the parties obtained a mortgage loan in the amount of $32,000. In order to obtain this mortgage, the…