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ARTICLE ID 189277

PLAINTIFF’S JUDGMENT Contract – Plaintiff obtains order setting aside transfer of deed and subsequent mortgages – Plaintiff alleges that nephew forged power of attorney, and then transferred property to friend – Said friend quickly obtains five mortgages.

Rockland County, NY

The plaintiff, the owner of residential property, contended that one of the defendants, his nephew, forged his name on a Power of Attorney, and deeded the property to his friend. Allegedly, the friend subsequently obtained five different mortgages totaling approximately $________. The plaintiff brought this action to set aside the transference and the mortgages.

The defendant banks contended that they had a right to rely upon the power of attorney and the deeds. They further denied that the transactions should be set aside.The court specifically ordered that the transactions and mortgages were invalid. One of the banks has filed an appeal.

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