Legal Opinion
DeBerard Properties, Ltd. v. Lim
California Supreme Court
Decided June 3, 1999No. S070347PublishedCited by 37 opinions
1Opinion of the Court
Opinion
MOSK, J.
We must decide whether, notwithstanding the protection against deficiency judgments conferred by Code of Civil Procedure section 580b (hereafter section 580b), a purchaser may waive, by contract term, that *662protection in exchange for new consideration following the original purchase money sale.1 There is a conflict in state law on this question, with Russell v. Roberts (1974) 39 Cal.App.3d 390 [114 Cal.Rptr. 305] holding that waiver is available, but Palm v. Schilling (1988) 199 Cal.App.3d 63 [244 Cal.Rptr. 600] holding that it is not.
We conclude that the statutory provision may…
2Cases cited19 opinions
- Stop Youth Addiction, Inc. v. Lucky Stores, Inc.California Court of Appeal · 1998
- Roseleaf Corp. v. ChierighinoCalifornia Supreme Court · 1963
- Freedland v. GrecoCalifornia Supreme Court · 1955
- Brown v. JensenCalifornia Supreme Court · 1953
- Bickel v. City of PiedmontCalifornia Supreme Court · 1997
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3Cited by37 opinions
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- Wilson v. County of OrangeCalifornia Court of Appeal · 2009
- Azteca Construction, Inc. v. ADR Consulting, Inc.California Court of Appeal · 2004
- Rex v. Chase Home Finance LLCDistrict Court, C.D. California · 2012
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