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Padovano v. Padovano

Appellate Division of the Supreme Court of New York, Second Department
Jun 9, 1986
121 A.D.2d 436 (N.Y. App. Div. 1986)

Opinion

June 9, 1986

Appeal from the Supreme Court, Putnam County (Benson, J.).


Order affirmed insofar as appealed from, with costs, and matter remitted to the Supreme Court, Putnam County, for the entry of an appropriate judgment.

The law imposes upon the holder in escrow "a duty not to deliver the escrow to anyone except upon strict compliance with the conditions imposed" (Farago v. Burke, 262 N.Y. 229, 233). While it is true that the performance of the condition of an escrow may be waived (see, Kosinski v. Gallt, 58 Misc.2d 124, 127; 20 N.Y. Jur, Escrow, § 24), there is no indication that the plaintiff here did so. She embarked on a trip to Australia months after the closing date specified in the judgment of divorce. Accordingly, the plaintiff is entitled to the $25,000 together with interest at the statutory rate from August 29, 1983, the date of the closing of the mortgage and title on the marital premises, and the bond and mortgage being held by the defendant's attorney. Lazer, J.P., Bracken, Weinstein and Kunzeman, JJ., concur.


Summaries of

Padovano v. Padovano

Appellate Division of the Supreme Court of New York, Second Department
Jun 9, 1986
121 A.D.2d 436 (N.Y. App. Div. 1986)
Case details for

Padovano v. Padovano

Case Details

Full title:MARGARET PADOVANO, Respondent, v. ANTHONY PADOVANO, Appellant

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

Date published: Jun 9, 1986

Citations

121 A.D.2d 436 (N.Y. App. Div. 1986)