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New York Real Estate Law ReporterColumns & DepartmentsLandlord Tenant LawLitigation

Real Property Law

By ssalkin
September 01, 2019

Mortgagee Entitled to Deficiency Judgment When Mortgagor's Submissions Are Insufficient to Rebut Mortgagee's Appraisal

New York Commercial Bank v. 18 RVC, LLC NYLJ 6/7/19, p. 30, col. 6 AppDiv, Second Dept. (memorandum opinion)

In an action to foreclose a mortgage, mortgagor appealed from Supreme Court's grant of a motion to enter a deficiency judgment. The Appellate Division affirmed, holding that mortgagor had not come forward with evidence sufficient to raise a triable issue of fact.

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