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Purchaser Has Constructive Notice of Improperly Indexed Mortgage

Posted:
11/21/2005
Services:
Real Estate Services, Real Estate Litigation

In this article, Martin J. Doyle, Partner in the Transactional Real Estate Practice Group in the Philadelphia office, examine the Pennsylvania Supreme Court's recent decision in First Citizens National Bank v. Sherwood.

The decision states that a purchaser has constructive notice of the prior mortgage, even though a diligent search of the record might not have uncovered the lien.

To read the full article, click the link below.