Legal Opinion
Sooner Federal Savings & Loan Ass'n v. Oklahoma Central Credit Union
Supreme Court of Oklahoma
Decided November 7, 1989No. 65823PublishedCited by 18 opinions
1Opinion of the Court
OPALA, Vice Chief Justice.
The dispositive issues are: [1] Can the right of redemption be effected after sheriff’s sale but before judicial confirmation? [2] Did the record owner have the right to redeem? and if so, [3] Does the redemptive right’s gratuitous transfer to the foreclosing mortgage lender give the lender an equity superior to that of the purchaser for value at a regular judicial sale? We answer the first and second questions in the affirmative and the third in the negative.
I
ANATOMY OF LITIGATION
Hoshall and Oleta Thomas [collectively called Thomas] executed on May 2, 1975 a…
2Cases cited49 opinions
- Timmons v. Royal Globe Insurance Co.Supreme Court of Oklahoma · 1985
- Reeves v. AgeeSupreme Court of Oklahoma · 1989
- Justice v. . LangNew York Court of Appeals · 1870
- Davis & Co. v. MorganSupreme Court of Georgia · 1903
- Womack v. City of Oklahoma CitySupreme Court of Oklahoma · 1986
44 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- Bank of Oklahoma, N.A. v. Red Arrow Marina Sales & Service, Inc.Supreme Court of Oklahoma · 2009
- McGINNITY v. KIRKSupreme Court of Oklahoma · 2015
- Wilson v. GlancySupreme Court of Oklahoma · 1996
- In Re RamboUnited States Bankruptcy Court, W.D. Oklahoma · 1996
- BENEFIEL v. BOULTONSupreme Court of Oklahoma · 2015
13 more not listed; retrieve them via the Exa API.