Legal Opinion
Demopolis v. Galvin
Court of Appeals of Washington
Decided February 20, 1990No. 22060-8-IPublishedCited by 13 opinions
1Opinion of the CourtWinsor, J.
In 1984, defendants/respondents Helen and Donald Oltman and Lorna Benedict (hereinafter Lenders), loaned $18,000 to Irene Primeau and a coborrower. The loan was secured by a deed of trust on residential real property owned by Primeau, and was evidenced by an installment note. The interest stated on the face of the note was not usurious.
Primeau sold the encumbered property to Chris Demo-polis for $35,000 in October 1985. The sale was made subject to Lenders' deed of trust. The trial court found that Demopolis did not assume the loan, note, or deed of trust. It is undisputed, however, that…
2Cases cited23 opinions
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- Baske v. RussellWashington Supreme Court · 1965
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3Cited by13 opinions
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