· 1/18/2007
Morales v. Kerr
Citations
- 36 A.D.3d 503
- 828 N.Y.S.2d 345
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- stating that “[Mr. Mastracci] seemed satisfied that [Sinclair] had addressed his questions about the repair timeline” -28- during the settlement meeting
- rejecting the notion that appraisers must “dogmatically . . . stick to their initial calculations” in a manner that would routinely result in deadlock
- “Appraisers are not limited to a single method of valuation unless the [contract] provides otherwise.”
- “By . . . specifically providing that the value of the land was to be considered as vacant and unimproved, the parties manifested a clear intention that existing structures, encumbrances and leases not be taken into account in fixing value.”
- “There is no merit to plaintiff’s claim that the determination was improperly arrived at by compromise. Appraisers must act fairly and reasonably [ ]. They are not required dogmatically to stick to their initial calculations, otherwise deadlock would be almost inevitable.”
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.