Belmont v. . Coman.

Summary

The New York Court of Appeals affirmed the order that the grantee, Coman, did not assume personal liability for the four mortgages noted in the deed. The court held that the language of the deed, which merely stated the mortgages were deducted from the purchase price, did not create an express undertaking to pay them. The decision rests on the parties’ intent as expressed in the deed’s wording.