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LEGACY DEVELOPMENT, Plaintiff-Respondent, v. Victor LIBERATORE and V.V.M.M., LLC, Defendants-Appellants.
Plaintiff commenced this breach of contract action seeking specific performance of the purchase and sale agreement pursuant to which defendants agreed to convey to plaintiff a parcel of real property in fee simple and free and clear from all liens or other encumbrances. As the result of a title examination, plaintiff discovered that the property was separated from the main road by a one-foot-wide easement. According to plaintiff, defendants then failed to “perform the necessary steps to convey a good and marketable title․”
Supreme Court erred in denying defendants' motion for summary judgment dismissing the complaint. We reject plaintiff's contention that title to the property was unmarketable because the property was not accessible by the main road. A marketable title “is one [that] can be readily sold or mortgaged to a person of reasonable prudence, the test of the marketability of a title being whether there is an objection thereto such as would interfere with the sale or with the market value of the property” (Regan v. Lanze, 40 N.Y.2d 475, 481). Here, defendants established that the main road in question was not the only means of accessing the property, inasmuch as the property was accessible by way of several driveways on an adjoining street (cf. Pollak v. State, 41 N.Y.2d 909, 910). We therefore conclude that title to the property was marketable because there was in fact legal access to the property, although it may not have been plaintiff's preferred route (see Janian v. Barnes, 294 A.D.2d 787, 789).
It is hereby ORDERED that the order so appealed from is unanimously reversed on the law without costs, the motion is granted and the complaint is dismissed.
MEMORANDUM:
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Decided: October 02, 2009
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FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
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