Layton v. West
California Court of Appeal
1Opinion of the CourtChristian, J.
In 1959 appellants Herbert and Sharon Layton took a 15-year lease of respondents’ 42-unit apartment building. Appellants agreed both to pay monthly rent to respondents and to service certain encumbrances, of which the senior was held by Crocker-Citizens National Bank. The agreement gave appellants an option to purchase upon tender of a promissory note for an agreed price less the amount of outstanding encumbrances (which were to be assumed' by appellants upon' exercise of the option) and less a credit for the amount Of rent paid prior to the exercise of the option..On February 27, 1963,…
2Cases cited7 opinions
- Everts v. MattesonCalifornia Supreme Court · 1942
- Thomassen v. CarrCalifornia Court of Appeal · 1967
- Boro v. RuzichCalifornia Court of Appeal · 1943
- Hohener v. GaussCalifornia Court of Appeal · 1963
- Parrish v. GrecoCalifornia Court of Appeal · 1953
2 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Still v. Plaza Marina Commercial Corp.California Court of Appeal · 1971
- C. Robert Nattress & Associates v. CidcoCalifornia Court of Appeal · 1986
- Riverside Fence Co. v. NovakCalifornia Court of Appeal · 1969
- Rollins v. StokesCalifornia Court of Appeal · 1981
- Noyes v. Habitation Resources, Inc.California Court of Appeal · 1975
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