DocketNumber: No. FA910121423 S
Citation Numbers: 1994 Conn. Super. Ct. 11883
Judges: HARRIGAN, J.
Filed Date: 11/29/1994
Status: Non-Precedential
Modified Date: 4/17/2021
The parties' marriage was dissolved by decree entered on November 12, 1992 incorporating a separation agreement that provided for the defendant or his estate to pay $35,000.00 to the plaintiff
". . . upon the earliest of the following to occur:
a. ninety (90) days after the husband's death;
b. September 1, 1998;
c. at time of transfer of title of the husband of the marital home to any third party."
The defendant executed a "Home Equity Line of Credit Mortgage Deed without tax clause" for $88,000.00. (Plaintiff's Exhibit #1). No payment was made to the plaintiff.
Kelvey v. Creevey,
"It is undisputed that a mortgagee in Connecticut, both by common-law rule and by statute, is deemed to have taken legal title upon the execution of a mortgage on real property. General Statutes §
47-36h ; . . ." (citations omitted).
CT Page 11885
In 1993 our Supreme Court again affirmed that a mortgagee acquires legal title and the mortgagor has an equity of redemption, RedRooster Construction Company v. River Associates, Inc.,
Although all are bound to know the law, since the defendant was relying on counsel, this court cannot find the refusal to pay to be wilful unless the defendant maintains such position after being advised of this decision. The motion is continued for 30 days for compliance.
HARRIGAN, J.