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Federal Natl Mortgage v. N.Y. Fin. Mortgage

Appellate Division of the Supreme Court of New York, Second Department
Dec 29, 1995
222 A.D.2d 647 (N.Y. App. Div. 1995)

Summary

holding that "unilateral mistake of the appellant's counsel as to the location of the foreclosure sale, while unfortunate, does not provide a sufficient basis for invalidating the sale"

Summary of this case from Firststorm Partners 2, LLC v. Vassel

Opinion

December 29, 1995

Appeal from the Supreme Court, Nassau County (Roncallo, J.).


Ordered that the order is affirmed, with costs.

In the exercise of its equitable powers, a court has the discretion to set aside a judicial sale where fraud, collusion, mistake, or misconduct casts suspicion on the fairness of the sale ( see, Long Is. Sav. Bank v Valiquette, 183 A.D.2d 877; see also, Guardian Loan Co. v Early, 47 N.Y.2d 515, 520-521).

Here, the unilateral mistake of the appellant's counsel as to the location of the foreclosure sale, while unfortunate, does not provide a sufficient basis for invalidating the sale ( see, Crossland Mtge. Corp. v Frankel, 192 A.D.2d 571; Long Is. Sav. Bank v Valiquette, supra). The appellant's counsel was served with the Referee's notice of sale, which contained the street address of the courthouse where the sale was to be held, and there is no dispute that the sale was conducted in accordance with lawful procedure.

In addition, the Supreme Court properly determined that the purchaser of the property at the foreclosure sale was an indispensable party to the appellant's application to set aside the sale ( see, Vanderbilt Realty Corp. v Gordon, 134 A.D.2d 586). Balletta, J.P., O'Brien, Santucci and Florio, JJ., concur.


Summaries of

Federal Natl Mortgage v. N.Y. Fin. Mortgage

Appellate Division of the Supreme Court of New York, Second Department
Dec 29, 1995
222 A.D.2d 647 (N.Y. App. Div. 1995)

holding that "unilateral mistake of the appellant's counsel as to the location of the foreclosure sale, while unfortunate, does not provide a sufficient basis for invalidating the sale"

Summary of this case from Firststorm Partners 2, LLC v. Vassel

In Federal Nat. Mortg. Ass'n v New York Financial & Mortgage Co., Inc., 222 AD2d 647 [2d Dept 1995], the Court held that the fact the appellant's counsel did not go to the correct location where the foreclosure sale was taking place was a unilateral mistake affording no relief to defendant.

Summary of this case from Hudson City Sav. Bank v. Woodard

In Federal Nat. Mortg. Ass'n v. New York Financial & Mortgage Co., Inc., 222 A.D.2d 647, 636 N.Y.S.2d 105 [2d Dept.1995], the Court held that the fact the appellant's counsel did not go to the correct location where the foreclosure sale was taking place was a unilateral mistake affording no relief to defendant.

Summary of this case from Hudson City Sav. Bank v. Woodard
Case details for

Federal Natl Mortgage v. N.Y. Fin. Mortgage

Case Details

Full title:FEDERAL NATIONAL MORTGAGE ASSOCIATION, Respondent, v. NEW YORK FINANCIAL…

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

Date published: Dec 29, 1995

Citations

222 A.D.2d 647 (N.Y. App. Div. 1995)
636 N.Y.S.2d 105

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