National Penn Bank v. Shaffer

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• ruling specifically that an order granting petition to set aside sheriff’s sale was final appealable order since order “completely disposed of all of the parties' claims[.]”
• addressing covenant against encumbrances; holding that sheriffs sale would not be set aside even though purchaser miscalculated bid based on mistaken belief sale had legal effect of discharging mortgage
• addressing covenant against encumbrances; holding that sheriff's sale would not be set aside even though purchaser miscalculated bid based on mistaken belief sale had legal effect of discharging mortgage
• petition to set aside sheriff's mortgage foreclosure sale is based on equitable principles
• sale does not necessarily have to be vacated if the mistake is the fault of the petitioning party who is a sophisticated financial lender whose counsel made a mistake of law and overbid at the sale, erroneously believing the sale would discharge the senior lender

Source: CourtListener parenthetical corpus (CC0).