PESSIN v. PERSAUD


92 A.D.2d 490 (1983)

Ray Pessin, Respondent, v. Gunanand Persaud, Appellant

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

February 10, 1983


Although the parties have stipulated to the facts, we cannot dispose of the matter on the law because it is not clear what the parties intended. In connection with the purchase of realty, the defendant executed a bond and mortgage, which bond and mortgage were thereafter assigned to the plaintiff, the holder thereof. We are informed that the property is presently vacant after a fire. Payments were made on the bond and mortgage, reducing the amount due, with interest, to the...

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