Summary judgment granted dismissing trust claim over property funds as documentary evidence contradicted sham mortgage allegations.
The defendant brought a motion for summary judgment to dismiss the plaintiff's claim.
The plaintiff alleged that she and her late husband gave the proceeds from the sale of two properties to the defendants in trust, and that these funds were used to purchase a condominium to be held in trust for the plaintiff.
The defendant argued the funds were legitimate payouts for discharged mortgages.
The court found no genuine issue requiring a trial, concluding the documentary evidence supported the defendant's position that the funds were mortgage payouts, not trust funds.
The court rejected the plaintiff's assertion that the mortgages were shams designed to avoid creditors.
The motion for summary judgment was granted and the action dismissed.
SCJSuperior Court of JusticeMay 18, 2018