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OQUENDO v. MID MEM CORP.

103 A.D.2d 705 (1984)

Juan Oquendo, Respondent, v. Mid Mem Corporation, Appellant and Third-Party Plaintiff-Appellant. Victor Valentine et al., Third-Party Defendants-Respondents Juan Oquendo, Plaintiff, v. Victor Valentine et al., Defendant

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

July 19, 1984

¶ Defendant Mid Mem Corporation acquired the subject premises in The Bronx through a foreclosure sale, receiving the deed on March 23, 1980. On May 1, 1980 Mid Mem entered into a contract of sale with defendant K & M Corporation and Victor Valentine, the latter as principal of K & M. The property was sold "as is" and the buyer(s) immediately began to make needed repairs. Although there was no closing transferring record title, K & M had effectively assumed...

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