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Walsh v. Kelly

Court of Appeals of the State of New York
Apr 24, 1980
406 N.E.2d 741 (N.Y. 1980)

Opinion

Submitted March 21, 1980

Decided April 24, 1980

Appeal from the Appellate Division of the Supreme Court in the Second Judicial Department, NICHOLAS FERRARO, J.

Philip D. Jackson for appellants.

Salvatore A. Lecci for respondent.


MEMORANDUM.

The order of the Appellate Division should be affirmed, with costs.

In the contract of sale, the seller agreed that the sale was conditional on the purchaser's obtaining an FHA mortgage loan covering the premises. In the absence of any express provision to the contrary, the seller must be deemed to have agreed, as one aspect of her implied obligation not to interfere with or to prevent performance by the purchaser of the condition specified in the contract, to perform the obligations imposed by the lending bank with respect to payment of "points" to the extent that the applicable FHA regulation prohibited the payment of "points" by the purchaser.

Chief Judge COOKE and Judges JASEN, GABRIELLI, JONES, WACHTLER, FUCHSBERG and MEYER concur in memorandum.

Order affirmed.


Summaries of

Walsh v. Kelly

Court of Appeals of the State of New York
Apr 24, 1980
406 N.E.2d 741 (N.Y. 1980)
Case details for

Walsh v. Kelly

Case Details

Full title:MARY E. WALSH, Plaintiff, v. MAE D. KELLY, Defendant. MARY E. WALSH…

Court:Court of Appeals of the State of New York

Date published: Apr 24, 1980

Citations

406 N.E.2d 741 (N.Y. 1980)
406 N.E.2d 741
428 N.Y.S.2d 883

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