California Court of Appeal
Gramercy Investment Trust v. Lakemont Homes Nevada, Inc., E051384
In an action to recover the unpaid balance of a foreclosed real estate mortgage loan, summary judgment in favor of the plaintiff is affirmed where, while although New York law governs the terms of the foreclosure, New York’s antideficiency protections are not available to defendant in light of its express agreement.
Appellate Information
- Decided 08/24/2011
- Published 08/24/2011
Judges
- Ramirez
Court
- California Court of Appeal