Legal Opinion
Karoutas v. HomeFed Bank
California Court of Appeal
Decided July 23, 1991No. A050085PublishedCited by 20 opinions
1Opinion of the Court
Opinion
CHIN, J.
—This appeal involves the right to sell property under a deed of trust after the borrower’s default. We must determine whether a beneficiary with actual knowledge of facts materially affecting the value of property has a duty to disclose those facts to prospective bidders at a trustee’s sale. George A. and Anastasios A. Karoutas (the Karoutases) were successful bidders at a trustee’s foreclosure sale. They later filed a complaint seeking rescission or damages in connection with their purchase. Tie trial court sustained, without leave to amend, the general demurrer of HomeFed…
2Cases cited20 opinions
- Warner Construction Corp. v. City of Los AngelesCalifornia Supreme Court · 1970
- I. E. Associates v. Safeco Title InsuranceCalifornia Supreme Court · 1985
- Garfinkle v. Superior CourtCalifornia Supreme Court · 1978
- Rothstein v. Janss Investment Corp.California Court of Appeal · 1941
- Barnhouse v. City of PinoleCalifornia Court of Appeal · 1982
15 more not listed; retrieve them via the Exa API.
3Cited by20 opinions
- Alliance Mortgage Co. v. RothwellCalifornia Supreme Court · 1995
- Newhall Land & Farming Co. v. SUPERIOR COURT OF FRESNO CTY.California Court of Appeal · 1993
- Alfaro v. Community Housing Improvement System & Planning Assn., Inc.California Court of Appeal · 2009
- Assilzadeh v. California Federal BankCalifornia Court of Appeal · 2000
- San Diego Hospice v. County of San DiegoCalifornia Court of Appeal · 1995
15 more not listed; retrieve them via the Exa API.