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LaSonde v. Chase Mortgage Co.

Plaintiff could not maintain a claim against defendants for tortiously interfering with his right to execute a purchase option on a residential lease-sale agreement since the defendants held the note and security deed to the residential property at issue.

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Jack LaSonde filed a complaint against Chase Mortgage Company f/k/a Chemical Mortgage Company, Chase Manhattan Mortgage Corporation collectively “Chase Mortgage”, and Wayne McGregor seeking damages and equitable relief claiming Chase Mortgage wrongfully interfered with McGregor’s agreement to sell LaSonde real property. LaSonde also claimed that Chase Mortgage is liable for abusive litigation for filing a disposessory action against him. This is an appeal from the dismissal of two counts of LaSonde’s three-count complaint.

The following facts are undisputed: Cleveland Watkins purchased residential real estate with a loan from Chase Mortgage Company f/k/a Chemical Mortgage Company. The promissory note was secured by a security deed assigned to Chase Mortgage. Watkins sold the property to McGregor, and McGregor sought approval from Chase Mortgage to allow him to assume the loan. Chase Mortgage denied McGregor’s request.

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