Lubman v. Wells (In Re Wells)

MEMORANDUM OPINION

DOUGLAS O. TICE, Jr., Chief Judge.

In this adversary proceeding, the trustee filed a complaint to obtain approval for the sale of real estate free and clear of liens and interests. The realty is known as “Trailer City Lots,” and record title is held in the names of debtors Belcher Wells Sr. and Jackie P. Wells. Debtors’ relative, defendant Eddie Wells, claims the property under an oral contract to purchase. The trustee, debtors, and defendant Eddie Wells entered into a joint stipulation of facts and submitted the case on brief.

For reasons stated in this opinion, the court…