Barzee v. Trammel (In Re Trammel)

MEMORANDUM OPINION

MARVIN V.B. BOSTETTER, Jr., Chief Judge.

The issue for determination here involves a dispute over entitlement to proceeds of a sale of real property placed by the principal litigants in an escrow account.

On July 30, 1984, the debtors George H. and Peggy A. Trammel, defendants in this action, executed, together with Mr. Trammel’s two sisters, a deed conveying to plaintiffs Nolan K. and Deborah A. Barzee a parcel of property held by the Trammel siblings as tenants-in-common. At the settlement on the property held October 5, 1984, the debtors Trammel and the Barzees entered into…