Washington Mutual Bank, F.A. v. Elfelt

OPINION

HUSPENI, Judge. *

Appellant challenges the district court’s grant of summary judgment that reversed the priority of encumbrances as between respondent and a third-party lender and made respondent the primary mortgagee. As a result of this action, appellant’s interest in the property, which occupied a secondary priority position, was terminated. Appellant now argues that (1) the district court committed reversible error by failing to properly consider its status as a bona fide purchaser under Minn.Stat. § 507.34, and (2) respondent is equitably estopped from asserting a claim to the…