Savings Bank of Utica v. 561-575 Delaware Avenue, Inc.
This text of 201 A.D.2d 946 (Savings Bank of Utica v. 561-575 Delaware Avenue, Inc.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Order unanimously affirmed with costs. Memorandum: Supreme Court properly concluded that plaintiffs motion for a deficiency judgment was not timely under RPAPL 1371. RPAPL 1371 (2) provides that a party moving for a deficiency judgment must make the motion "within ninety days after the date of the consummation of the sale by the delivery of the proper deed of conveyance to the purchaser”. Local counsel for plaintiff conceded that he received the deed on February 12, 1992; the deed was not filed until May 28, 1992. Plaintiff’s contention that the deed delivered on February 12 was not a "proper” deed because it was not accompanied by an executed gains tax affidavit is without merit. Whether the deed could have been recorded without the gains tax affidavit is irrelevant. "The fact that a deed may not be recorded until a later [947]*947date does not affect the validity of the conveyance” (Crossland Sav. v Patton, 182 AD2d 496, lv denied 80 NY2d 755).
Plaintiff’s contention that the deed was not delivered to the "purchaser” also is without merit. Plaintiff’s local counsel accepted and retained the deed without objection and filed it on behalf of the purchaser. It is not disputed that the law firm to whom the deed was delivered represented plaintiff, thus creating an agency relationship (cf., Bianco v Coles, 131 AD2d 10, 13). (Appeal from Order of Supreme Court, Erie County, Fudeman, J. — Deficiency Judgment.) Present — Denman, P. J., Green, Balio, Lawton and Boehm, JJ.
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201 A.D.2d 946, 607 N.Y.S.2d 528, Counsel Stack Legal Research, https://law.counselstack.com/opinion/savings-bank-of-utica-v-561-575-delaware-avenue-inc-nyappdiv-1994.