UNITED STATES FID. & GUAR. CO. v. ANNUNZIATA


112 A.D.2d 557 (1985)

United States Fidelity & Guaranty Company, Appellant, v. Saverio L. Annunziata, Defendant, and Anthony D. Maresca, Respondent

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

July 11, 1985


Kane, J. P.

In March 1980, defendant Anthony D. Maresca (hereinafter defendant) sold to defendant Saverio L. Annunziata a summer home in the Village of Fort Ann, Washington County, for the total sum of $47,500. The purchase price was paid by a cash down payment of $5,000 and a purchase-money mortgage to defendant in the sum of $42,500. Fire insurance was provided by plaintiff, in statutory form, for Annunziata as the insured

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