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BUONOCORE v. DUBOIS
Appellate Division of the Supreme Court of New York, First Department.
Mar 31, 2005
"When a condition of a mortgage loan commitment is not fulfilled through no fault of the purchasers, their performance is excused, as long as they acted in good faith" ( Lunning v. 10 Bleecker St. Owners Corp., 160 AD2d 178, lv denied 76 NY2d 710). Plaintiff established his prima facie entitlement to judgment as a matter of law by adducing documentary evidence showing that he had sought a mortgage diligently and in good faith. Defendants did not, in response, meet their burden to raise a triable factual issue.
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