Monday, July 10, 2017

Life Estates in Real Property Are Subject to Principles of Equitable Subrogation

Ocwen Loan Services, LLC v. Quinn, ___ N.J. Super. ___ (App. Div. 2017).  The doctrine of equitable subrogation provides that “a refinancing lender whose security turns out to be defective is subrogated by equitable assignment to the position of the lender whose lien discharged by the proceeds of [a] later loan, there being no prejudice […]

The post Life Estates in Real Property Are Subject to Principles of Equitable Subrogation appeared first on Appellate Law NJ Blog.



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