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MORTGAGES - Mortgage agreement - Intention - Validity

Thursday, January 11, 2018 @ 8:35 AM  

Appeal by the Tollestrup estate from a trial decision finding that certain mortgages registered against property owned by the estate were valid and enforceable and that the lawyer who recommended and prepared the disputed mortgages was not negligent. The deceased Tollestrup made a will in 2008 with the assistance of a lawyer. Her only significant asset was her home and adjoining property. Tollestrup believed the property was worth $6 million, but that was not supported by the evidence of the realtors who ultimately listed the property....