Ricard v. Equitable Life Assurance Society of the United States

POWELL, R.W., Associate Judge.

Ricard appeals from a final deficiency judgment after foreclosure of a vendor’s lien, contending only that the lower court had no authority to enter a deficiency judgment. Equitable cross appeals claiming that the lower court erred in allowing Ri-card credit against the deficiency for the value of improvements Ricard made to the property while in possession. We affirm the lower court’s holding that authority existed for entry of a deficiency judgment, but reverse that portion of the judgment allowing Ricard a credit.

The salient facts are that on March 26, 1982,…