· 7/26/1983
Olean v. Treglia
Citations
- 190 Conn. 756
- 463 A.2d 242
- 37 U.C.C. Rep. Serv. (West) 19
- 1983 Conn. LEXIS 564
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- plaintiff declined to exercise option to accelerate indebtedness at time of sale but expressly reserved right as to future disposition of property
- \Equity may . . . afford relief to a mortgagor who can prove that equitable circumstances require withholding of foreclosure or reduction of the amount of the stated indebtedness.\
- due on sale clauses are presumptively permissible unless enforcement would be unconscionable or inequitable
- “Under the law of Connecticut, a mortgagee is deemed to have taken legal title upon the execution of a mortgage on real property and therefore, in the absence of an agreement to the contrary, has a right of immediate possession against his mortgagor.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Healey, Parskey, Peters, Shea, Speziale
Read full opinion on CourtListenerSourced 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.