Coffey v. Hunt

75 Ala. 236
Supreme Court of Alabama·Decided December 15, 1883·Published·Cited by 15 cases

Opinion

BEICKELL, C. J.

1. There can be no proposition or principle of law more firmly settled, than that rent is an incident to the reversion, passing with it to the assignee. Without an express reservation, an assignment or transfer of the reversion, when rent is accruing and to fall due at a future day, carries with it the right to demand and receive such rent as it falls due and payable. — Taylor’s Land. & Ten. § 448 ; English v. Key, 39 Ala. 113 ; Tubb v. Fort, 58 Ala. 277. Whether the transfer or assignment of the reversion is the voluntary act of the lessor, or involuntary, by act and operation of law, as in the event of a judicial sale of the reversion, or of a sale by the sheriff under execution at law, which is quasi-judicial, makes no difference in the application of the principle.—English v. Key, supra; Bank v. Wise, 3 Watts, 394. And it applies equally, whether there is an absolute conveyance of the reversion, or whether the conveyance is by way of mortgage. — Birch v. Wright, 1 D. & East, 3S3; Burden v. Thayer, 3 Metc. 76 ; Kimball v. Pike, 18 N. H. 419.

In this State the law is settled, that a.mortgage in fee, as appears to be the mortgage executed by the lessor, Martin, to the defendants, Timberlake, Coffey and Helton, operates as a present, immediate conveyance and transfer of all the right, title, interest and estate of the mortgagor in and to the premises mortgaged. If there is not a reservation to the mortgagor, in the conveyance, of possession, or of the right to take and enjoy the rents and profits, until default in the performance of the condition (and of the existence of such reservation there is no averment in the bill), the mortgagee has the present, immediate right of entry and possession, and may, at will, eject the mortgagor, or tenants entering under him subsequent to the mortgage.—Duval v. McLoskey, 1 Ala. 737 ; Welsh v. Phillips, 54 Ala. 309.

The mortgage operating as. an immediate transfer and conveyance of all the estate of the mortgagor, though its purpose was the security of debts falling due at a future day, included a present right of entry and possession, in the absence of a stipulation that the mortgagor should remain in possession, or should enjoy the rents and profits, until condition broken, and carried with it, necessarily, the rents subsequently accruing. The assignment of the rent to the complainant, subsequent in point of time to the mortgage, was subordinate to, and can not prevail against the prior grant of the reversion.—Kimball v. Pike, supra ; Otis v. McMillan, 70 Ala. 46. The mortgage was a conveyance of, and binding upon the whole realty, of which the rent accuring was a part. It was optional with the mortgagees whether they would take such rent or not; as it is always matter of election with a mortgagee whether he will [239] enter and take possession, before or after condition broken. It is with him matter of election, because, if he enters, or if he demands and receives rents, he is subject to account; and he may prefer standing upon the security of the mortgage, rather than to incumber himself with a liability to account for rents and profits. Therefore it is that, ordinarily, before condition broken, the mortgagor is left in possession, and suffered to enjoy rents subsequently accruing. But the right of the mortgagee to enter, or to demand and receive from a tenant having a prior lease, whose possession he can not disturb, rents subsequently accruing, remains optional, and he may exercise it cum onere.—Burden v. Thayer, supra ; Newall v. Wright, 3 Mass. 138. It is not of consequence whether the mortgagees claimed the rent as purchasers under the prior mortgage to Hurt, or in their right as mortgagees. In the latter capacity they had the right to demand and receive the rent, superior to the right asserted by the complainant, and payment to them extinguished the rent and the liability of the tenant.—Mansony v. U. S. Bank, 4 Ala. 735 ; Chambers v. Mauldin, Ib. 477 ; Coker v. Pearsall, 6 Ala. 542. The bill, consequently, upon its face, discloses a want of right and title in the complainant to the relief prayed, and the motion to dismiss ought to have been sustained.

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Coffey v. Hunt, 75 Ala. 236 (Ala. 1883).

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