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PANZERA v. K.E.K. REALTY CO.

149 N.J. Super. 170 (1977)

373 A.2d 446

BELINDA PANZERA, PLAINTIFF, v. K.E.K. REALTY CO., A.N.J. CORPORATION, KAMPELMAN PROPERTIES, INC., A.N.J. CORPORATION, HARRY KAMPELMAN, MARTIN STREILLI AND LENA STREILLI, H/W, GEORGE P. KLEMM AND KATHERINE E. KLEMM, H/W, SEBASTIAN FERSCH AND ELIZABETH FERSCH, H/W, AND THE STATE OF NEW JERSEY, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided April 7, 1977.

Attorney(s) appearing for the Case

Mr. Frank J. Flaccavento, attorney for plaintiff.

Mr. Joseph J. Vanecek, attorney for defendants Martin and Lena Streilli.

Mr. William Sellinger, attorney for defendants George P. and Katherine E. Klemm.

CIOLINO, J.S.C.

This case is presented to the court on cross-motions for summary judgment by plaintiff Belinda Panzera (Panzera), defendants Martin and Lena Streilli (Streilli) and defendants George P. and Katherine E. Klemm (Klemm). The question posed is: Does a vendor's purchase money mortgage enjoy a special priority over completed mortgage transactions which antedate the vendor's simultaneous conveyance of title and the purchase money mortgage, when the antedated...

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