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BARCLAY'S BUS. CREDIT, INC. v. STEWART

242 A.D.2d 647 (1997)

664 N.Y.S.2d 949

Barclay's Business Credit, Inc., Plaintiff, v. Teresa C. Stewart, Also Known as Teresa Stewart, Formerly Known as Teresa Concetto, Appellant, et al., Defendants, and Anathanasios Sideris et al., Nonparty Respondents

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

September 29, 1997

Ordered that the order is affirmed insofar as appealed from, with costs.

A contract vendee of premises which are the subject of a mortgage foreclosure has the right to redeem the property before the foreclosure sale (see, Polish Natl. Alliance v White Eagle Hall Co., 98 A.D.2d 400). Now that the contract vendee has purchased and redeemed the property, the mortgagor cannot argue that she remains the equitable owner...

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