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BEDFORD PROPS., LTD. v. RHOADES

161 A.D.2d 680 (1990)

Bedford Properties, Ltd., Respondent, v. Eleanor Rhoades, Defendant, and Norma Rhoades, Appellant

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

May 21, 1990

Ordered that the orders are affirmed, with one bill of costs.

On September 30, 1988, Daniel Rhoades' undivided 60% interest in the subject real property was sold at a foreclosure sale to Gilbert Shott for $600,000. On the same day, Shott, who was the president and nominee of the plaintiff Bedford Properties, Ltd., transferred ownership of the subject real property to the plaintiff corporation.

On October 4, 1988...

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