348 Realty Assocs. v. JAV Consulting, Inc. et al.

Decision and Order

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The New York State Supreme Court discharged a mortgage that was improperly granted by the unauthorized agent of an LLC that owned the encumbered commercial real estate in question, holding that the agent lacked both actual and apparent authority to grant a mortgage on behalf of the owner-LLC.

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Published In: Business Organization Updates, General Business Updates, Residential Real Estate Updates

Reference Info:Decision | State, 2nd Circuit, New York | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Michael Burger, Santiago Burger Annechino LLP | Attorney Advertising

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Michael Burger
Santiago Burger Annechino LLP

Michael A. Burger is an attorney and a partner in the law firm of Santiago Burger Annechino LLP. ... View Profile »


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