[Download] "Residential Capital" by Fourth Appellate District Division One State of California Court of Appeal " eBook PDF Kindle ePub Free

eBook details

Title: Residential Capital
Author : Fourth Appellate District Division One State of California Court of Appeal
Release Date : January 14, 2003
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 86 KB

Description

This action arises out of a non-judicial foreclosure sale conducted under the power of sale in a trust deed encumbering residential real property (property). Plaintiff Residential Capital, LLC (Residential Capital) submitted the high bid at the sale. However, defendant Cal-Western Reconveyance Corporation (Cal-Western), the trustee under the trust deed, did not deliver to Residential Capital a trustee's deed to the property because it learned after the bidding that the trustor (Arvizus) and beneficiary (Bank One) under the trust deed had agreed to postpone the sale. (Civ. Code, § 2924g, subd. (c)(2).) *fn1 Residential Capital sued Cal-Western and Bank One (together defendants) for damages, alleging causes of action for breach of contract and negligence. The trial court granted defendants' motion for summary judgment and entered judgment for the defendants. Residential Capital timely appealed the judgment.