Quimbee logo
DMCA.com Protection Status
  • H
  • Howard Savings Bank v. BrunsonHoward Savings Bank v. Brunson
From our private database of 16,800+ case briefs...

Howard Savings Bank v. Brunson

New Jersey Superior Court
582 A.2d 1305 (1990)


In January 1986, Burl Brunson (defendant) purchased a parcel of property. The deed was properly recorded and indexed. In March 1986, Brunson borrowed $50,000 from Howard Savings Bank (Howard) (plaintiff). This loan was secured by a mortgage which was properly recorded right away. However, the mortgage was not properly indexed until February 1988. In October 1987, before the Howard mortgage was properly indexed, Jesus and Celeste Ijalba (defendants), purchased the property from Brunson. The deed from Brunson to the Ijalbas was executed and delivered. The Ijalbas then executed a mortgage for the property to Chrysler First Financial Services Corporation (Chrysler). The Chrysler mortgage was properly recorded. Brunson had signed an affidavit swearing that he had not allowed the creation of any legal interest that would affect the ownership or use of the property. Based on this affidavit and a thorough title search, Chrysler procured a title insurance policy for the property. In May 1988, Howard brought a foreclosure action against the Ijalbas and Chrysler. Howard claimed that the proceeds of Brunson’s sale to the Ijalbas had not been applied to Howard’s mortgage, and that Howard’s mortgage held priority over all other property encumbrances.

Rule of Law


Holding and Reasoning (Margolis, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 449,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 449,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 16,800 briefs, keyed to 224 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial