Littlebrook Airpark Condominium Ass’n v. Sweet Peas, LLC

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The Supreme Judicial Court vacated the judgment of the superior court granting summary judgment in favor of Littlebrook Airpark Condominium Association on the Association’s action for a declaratory judgment on the issue of the effectiveness of a lease amendment, holding that the amendment was void.The superior court found that, although the lease amendment resulted in a default of the mortgage encumbering property owned by Sweet Peas, LLC, the lease amendment was still effective. On appeal, Sweet Peas and party-in-interest Jean Hardy argued that the amendment was void because any rights created by the amendment were subordinate to the existing mortgage on the property and were therefore extinguished by Hardy’s foreclosure. The Supreme Judicial Court agreed, holding that the lease amendment was invalid because it was a new interest created after the mortgage, rendering the amendment junior to the mortgage. View "Littlebrook Airpark Condominium Ass’n v. Sweet Peas, LLC" on Justia Law