Clar v. Cacciola

Opinion

MERRILL, J.

This action concerns the competing claims to priority of two deeds of trust on a residence. We conclude that the trial court correctly adjudged that the deed of trust of defendants recorded first was valid, and was a lien prior in time to that of plaintiffs’ deed of trust; we therefore affirm.

I

The property which is the subject of this lawsuit was owned by Richard and Sharon Larscheid, a married couple. Richard Larscheid (Larscheid) was a real estate salesperson employed by Richard Morrell, a real estate broker, promoter and investor in Contra Costa County. Larscheid’s job…