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GEARY v. DADE DEV. CORP.

62 A.D.2d 1083 (1978)

William H. Geary et al., Respondents, v. Dade Development Corp., Appellant, et al., Defendants

Appellate Division of the Supreme Court of the State of New York, Third Department.

April 13, 1978

In 1966, William H. Geary, sold to Dade Construction Company a certain tract of land in consideration of which Dade executed a purchase-money bond and mortgage. On February 8, 1967, Dade entered into an agreement with Dade Development Corporation (hereinafter Coventry) in which Coventry acquired the property subject to the mortgage. The agreement made the contract contingent upon obtaining the consent of the mortgagee and Coventry agreed to pay the interest on the mortgage...

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