TOWNSEND v. TOWNSEND


283 A.D.2d 793 (2001)

724 N.Y.S.2d 545

DEBRA K. TOWNSEND, Respondent, v. MARK J. TOWNSEND, Appellant.

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

Decided May 17, 2001.


Crew III, J.

In March 1994, the parties entered into a stipulation of settlement in open court, pursuant to the terms of which the parties agreed to, inter alia, place the marital residence on the market for sale with a beginning listing price of $234,000. The proceeds from the sale of the marital residence were to be used to pay off various marital debts, with the remaining funds to be divided equally between the parties. The parties further agreed to "do...

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