Legal Opinion

Tran v. Richfield Bank & Trust Co.

Court of Appeals of Minnesota

Decided February 7, 1989No. C9-88-1939PublishedCited by 1 opinion

1Opinion of the Court

OPINION

RANDALL, Judge.

This is an appeal from a summary judgment awarding respondent treble damages for including delinquent real estate taxes as costs and disbursements in a foreclosure affidavit. We reverse.

FACTS

In 1984, respondent executed two mortgages in favor of appellant Richfield Bank & Trust (the Bank), with commercial property as security. The first mortgage was in the amount of $300,000 and the second mortgage was in the amount of $60,000. In October of 1986, respondent defaulted *152on both mortgages, with $296,158.68 due on the first mortgage and $58,979.54 due on the second mortgage.…

2Cases cited2 opinions

  1. Betlach v. Wayzata CondominiumSupreme Court of Minnesota · 1979
  2. Hobe v. SwiftSupreme Court of Minnesota · 1894

3Cited by1 opinion

  1. Holiday Recreational Industries, Inc. v. Manheim Services Corp.Court of Appeals of Minnesota · 1999

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API