GREENPOINT BANK v. PARISSI


256 A.D.2d 548 (1998)

682 N.Y.S.2d 437

GREENPOINT BANK, Respondent, v. IRINI PARISSI et al., Defendants, and MASPETH FEDERAL SAVINGS AND LOAN ASSOCIATION, Appellant.

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

Decided December 28, 1998.


Ordered that the order is reversed, on the law, with costs, the motion is granted, and the matter is remitted to the Supreme Court, Kings County, for the entry of an appropriate judgment declaring that the mortgage held by the defendant Maspeth Federal Savings and Loan Association has priority over the mortgage held by the plaintiff.

The requisite formalities of execution of a conveyance of an interest in real property must be observed for the instrument to obtain...

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