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Koo v. Gross

Appellate Division of the Supreme Court of New York, Second Department
Oct 5, 1987
133 A.D.2d 613 (N.Y. App. Div. 1987)

Opinion

October 5, 1987

Appeal from the Supreme Court, Dutchess County (Hillery, J.).


Ordered that the appeal from the order entered August 7, 1986 is dismissed; and it is further,

Ordered that the judgment is affirmed; and it is further,

Ordered that the defendants are awarded one bill of costs.

The appeal from the intermediate order must be dismissed because the right of direct appeal therefrom terminated with the entry of judgment in the action (see, Matter of Aho, 39 N.Y.2d 241, 248). The issues raised on appeal from the order are brought up for review and have been considered on the appeal from the judgment (see, CPLR 5501 [a] [1]).

The contract involved herein specifically provided that either party had the right to cancel the agreement in the event that the plaintiff purchaser was unable to obtain a mortgage commitment by a specified date. As we have noted in several recent cases, this mortgage commitment clause was for the benefit of both parties (see, Dale Mtge. Bankers Corp. v. 877 Stewart Ave. Assocs., 133 A.D.2d 65; Grossman v. Perlman, 132 A.D.2d 522; Castaldo v. Dalmazio, 129 A.D.2d 548, lv denied 70 N.Y.2d 604; Kramer v. Palnagio, 128 A.D.2d 842). Since the plaintiff buyer failed to obtain a mortgage commitment within the time provided for in the contract, the defendant sellers herein could and did properly exercise their right to cancel the contract (see, Dale Mtge. Bankers Corp. v. 877 Stewart Ave. Assocs., supra; Castaldo v Dalmazio, supra). Lawrence, J.P., Eiber, Spatt and Sullivan, JJ., concur.


Summaries of

Koo v. Gross

Appellate Division of the Supreme Court of New York, Second Department
Oct 5, 1987
133 A.D.2d 613 (N.Y. App. Div. 1987)
Case details for

Koo v. Gross

Case Details

Full title:DAVID KOO, Appellant, v. ROBERT P. GROSS et al., Respondents

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Oct 5, 1987

Citations

133 A.D.2d 613 (N.Y. App. Div. 1987)

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