[Download] "Mead V. Sanwa Bank California" by California Court of Appeals * eBook PDF Kindle ePub Free
eBook details
- Title: Mead V. Sanwa Bank California
- Author : California Court of Appeals
- Release Date : January 11, 1998
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 76 KB
Description
The owners of a parcel of bare land signed a long-term ground lease with a developer, who planned to improve the property with a commercial building. To facilitate that construction, the owners executed a deed of trust in favor of the developers construction lender. Ultimately, the developer defaulted on the construction loan and the assignee of the lender foreclosed on the owners fee interest.