Judgment reversed, on the law, with costs, and it is declared that the deed and lease in question are valid.
The instant appeal involves an action brought by the plaintiffs in March 1984, for a declaration that a certain deed conveying real property in Roslyn, New York, to John and Dorothy Megerian and a lease of the same property from the Megerians to the plaintiffs, were, in substance, part of usurious loan transaction and therefore void.
Prior to the commencement...
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