[DOWNLOAD] "Diversified Equities v. American Savings" by Supreme Court of Vermont ~ Book PDF Kindle ePub Free

eBook details

Title: Diversified Equities v. American Savings
Author : Supreme Court of Vermont
Release Date : January 22, 1987
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 64 KB

Description

Appellants Diversified Equities, Inc. (Diversified) and Dakal, Inc., (Dakal) brought an action to quiet title to a duplex and lot in Salt Lake County. Respondent American Savings and Loan (American) had a recorded security interest in the property which was released prior to the conveyances to diversified and Dakal. The lower court quieted title in Dakal, subject to an equitable lien in favor of American equal to the principal amount owing on the note secured by Americans previous trust deed. Dakal seeks reversal of the lower courts judgment and an order that Dakal owns the property in fee simple, free of any interest in American. Diversified, which bought the property from Dakal, seek reversal of the judgment below and an order upholding its rights against Dakal in the property. We reverse.