Watwood v. Yambrusic

Appellant brought an action in July 1975, seeking reconveyance of a piece of residential property, rescission of a contract, deed of trust and note, an injunction prohibiting appellee from conveying any right or title to the property during the pendency of the action, damages and an accounting. The pleadings urged that the instruments, validly executed in 1968 and 1969, were not intended to effect a conveyance but to permit appellee to hold the property in trust pending the repayment of a loan made by appellee to appellant. The trial court recognized that appellant alleged a claim cognizable…