Liberty Savings Bank, FSB v. Knab

281 A.D.2d 602, 722 N.Y.S.2d 178, 2001 N.Y. App. Div. LEXIS 3089
Appellate Division of the Supreme Court of the State of New York·Decided March 26, 2001·Published·Cited by 2 cases

Opinion

—In an action to foreclose a mortgage, the defendant, Christopher Knab appeals, as limited by his brief, from so much of an order of the Supreme Court, Suffolk County (Floyd, J.), dated June 22, 1999, as denied his motion to vacate the judgment of foreclosure and set aside the foreclosure sale.

Ordered that the order is affirmed insofar as appealed from, with costs.

Contrary to the appellant’s contention, the Supreme Court properly declined to vacate the judgment of foreclosure entered upon his default, as he failed to demonstrate a reasonable excuse for his default and a meritorious defense (see, CPLR 5015; Citicorp Mtge. v Rodelli, 249 AD2d 736).

The Supreme Court properly declined to set aside the fore[603] closure sale. It is well settled that a foreclosure sale may be set aside when “fraud, collusion, mistake or misconduct casts suspicion on the fairness of the sale” (Polish Natl. Alliance v White Eagle Hall Co., 98 AD2d 400, 407; see also, Crossland Mtge. Corp. v Frankel, 192 AD2d 571, 572). Under the circumstances of this case, we are satisfied that the sale was fair.

The appellant’s remaining contentions are either unpreserved for appellate review or without merit. Bracken, P. J., O’Brien, Ritter and Goldstein, JJ., concur.

Free access — add to your briefcase to read the full text and ask questions with AI

Liberty Savings Bank, FSB v. Knab, 281 A.D.2d 602, 722 N.Y.S.2d 178, 2001 N.Y. App. Div. LEXIS 3089 (N.Y. Ct. App. 2001).

281 A.D.2d 602 (Liberty Savings Bank, FSB v. Knab) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Chase Manhattan Mortgage Corp. v. Murphy
2 A.D.3d 559 (Appellate Division of the Supreme Court of New York, 2003)
Chase Manhattan Mortgage Corp. v. Gonzalez
309 A.D.2d 727 (Appellate Division of the Supreme Court of New York, 2003)