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MERCURY CAP. v. FREEHOLD OFF. PARK

832 A.2d 369 (2003)

363 N.J. Super. 235

MERCURY CAPITAL CORP., a New York corporation, Plaintiff, v. FREEHOLD OFFICE PARK, LTD., a New Jersey limited partnership, Defendant.

Superior Court of New Jersey, Chancery Division, Monmouth County.

Decided March 26, 2003.

Attorney(s) appearing for the Case

Jack Zakim, Glen Rock, for plaintiff Mercury Capital Corp. (Kleeblatt, Galler, Abramson & Zakim, attorneys, Hackensack).

M. Wilson, for defendant (Nowell Amoroso Klein Bierman, P.A., attorneys).

FISHER, P.J.Ch.

Twenty-two days after a sheriff's sale, defendant Freehold Office Park, Ltd.'s ("the mortgagor") attempted to redeem the mortgaged property. Even though the sheriff had not yet delivered the deed, the mortgagor's attempt to redeem was refused by the sheriff because more than ten days had elapsed from the sale. The mortgagor immediately sought a temporary restraining order preventing the sheriff's transfer of the deed to plaintiff Mercury Capital Corp...

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