(Download) "Mid Kansas Federal Savings And Loan Association Of Wichita V. Dynamic Development Corp." by Arizona Supreme Court * eBook PDF Kindle ePub Free
eBook details
- Title: Mid Kansas Federal Savings And Loan Association Of Wichita V. Dynamic Development Corp.
- Author : Arizona Supreme Court
- Release Date : January 10, 1991
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 86 KB
Description
A construction lender held notes secured by first and second deeds of trust on a residential developer's property. The lender acquired title to the property at a trustee's sale on the second trust deed and thereafter brought an action against the developer for the balance due on the first notes. The court of appeals held that the lender was precluded from doing so under A.R.S. § 33-814(G)*fn1 and the rationale of our decision in Baker v. Gardner, 160 Ariz. 98, 770 P.2d 766 (1989).