HEIDI ASSOCS. v. LAWYERS TITLE INS. CO.


112 A.D.2d 844 (1985)

Heidi Associates, Respondent, v. Lawyers Title Insurance Co., Appellant

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

August 15, 1985


Defendant is a Virginia title insurance corporation licensed to do business in this State. Plaintiff is a partnership engaged in the real estate business. On October 8, 1979, plaintiff contracted to purchase a building located on Creston Avenue, in The Bronx. Plaintiff agreed to purchase the property subject to real estate tax arrearages and to water charges and sewer rents "provided that there are no in rem proceedings pending...

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