Topic: a mortgagee who fails to make such an inquiry is not a bona… · Go Syfert
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Topic #27272

3 canonical passages across 3 cases, quoted by 15 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from Booth v. Ameriquest Mortgage Co..

#Case FlagCanonical passage Citers
1 Booth v. Ameriquest Mortgage Co. Anchor
nyappdiv · 2009
green “a mortgagee who fails to make such an inquiry is not a bona fide encumbrancer for value” 8
2 Auguston v. Spry
nyappdiv · 2001
green “an assignee stands in the shoes of the assignor and takes the assignment subject to any preexisting liabilities” 4
3 Thomas v. LaSalle Bank National Ass'n
nyappdiv · 2010
green “a mortgagee is under a duty to make an inquiry where it is aware of facts 'that would lead a reasonable, prudent lender to make inquiries of the circumstances of the transaction at issue” 3

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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