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· 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 CourtListener

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.