From Casetext: Smarter Legal Research

Atlantic Bank of N.Y., v. Weiss

Appellate Division of the Supreme Court of New York, Second Department
Dec 2, 1996
234 A.D.2d 240 (N.Y. App. Div. 1996)

Opinion

December 2, 1996.

In an action to foreclose a mortgage on real property, the defendant Donald S. Weiss appeals from a judgment of the Supreme Court, Kings County (Ramirez, J.), dated January 4, 1996, which, inter alia, is in favor of the plaintiff and against him in the principal sum of $110,000.

Before: Rosenblatt, J.P., O'Brien, Ritter and Friedmann, JJ.


Ordered that the judgment is affirmed, with costs.

The plaintiff commenced the instant action to foreclose a mortgage executed by the appellant. The appellant declined to appear or answer. In August 1993, upon the appellant's default, the plaintiff obtained a judgment of foreclosure and sale in the principal sum of $223,094.72, foreclosing the mortgage executed by the appellant. At the Referee's sale in November 1993, the plaintiff purchased the property for the sum of $100. However, prior to the transfer of title, the plaintiff sought to find a purchaser for the property and, once a purchaser was located, entered into a contract for the assignment of its foreclosure bid. The Referee's deed was delivered to the assignee, Landmark Equities Corp., at the closing on August 22, 1995.

On October 31, 1995, the plaintiff moved for leave to enter a deficiency judgment. The appellant opposed contending, inter alia, that the plaintiff had unreasonably delayed the delivery of the deed, and thus should be equitably estopped from securing a judgment for any deficiency. The Supreme Court awarded the plaintiff a deficiency judgment in the principal sum of $110,000. We affirm.

The appellant cannot now be heard to request the intervention of equity, as he was completely remiss in availing himself of the protections afforded by law. His dilemma was self-created by his default in appearing in the foreclosure action ( see, Brandenberg v Tirino, 66 Misc 2d 193, 197).

Furthermore, the plaintiff complied with the specific time limitation in RPAPL 1371. It is undisputed that the Referee's deed was delivered to Landmark Equities Corp. on August 22, 1995, and that the plaintiff made its motion for leave to enter a deficiency judgment on October 31, 1995, within the 90-day limitations period ( see, RPAPL 1371; Voss v Multifilm Corp., 112 AD2d 216, 217).

The appellant's remaining contentions are without merit.


Summaries of

Atlantic Bank of N.Y., v. Weiss

Appellate Division of the Supreme Court of New York, Second Department
Dec 2, 1996
234 A.D.2d 240 (N.Y. App. Div. 1996)
Case details for

Atlantic Bank of N.Y., v. Weiss

Case Details

Full title:ATLANTIC BANK OF NEW YORK, Respondent, v. DONALD S. WEISS, Appellant, et…

Court:Appellate Division of the Supreme Court of New York, Second Department

Date published: Dec 2, 1996

Citations

234 A.D.2d 240 (N.Y. App. Div. 1996)
651 N.Y.S.2d 73

Citing Cases

Waterfall Victoria Master Fund, Ltd. v. Fowkes

Since 2011, Waterfall Victoria has been the named plaintiff that sought, inter alia, a deficiency judgment.…

Roslyn Savings Bank v. Mohring Dempsey

Contrary to the contention of the defendant Michael W. Dempsey, the motion for a deficiency judgment, made on…