Enloe v. Kelso
California Court of Appeal
1Opinion of the Court
Opinion
GILBERT, P. J.
When sellers of real estate accept a deed of trust from the purchasers to secure the purchase price, Code of Civil Procedure section 580b prohibits the sellers from obtaining a deficiency judgment in the event the purchasers default. It matters not that such a trust deed is given to sellers after the close of escrow. Timing does not change its character. We affirm the trial court’s summary judgment in favor of purchasers and against the sellers.
FACTS
James and Margaret Enloe owned a single-family residence in Templeton. They agreed to sell it to Casey Lee Kelso and Joseph…
2Cases cited5 opinions
- Saelzler v. Advanced Group 400California Supreme Court · 2001
- Szadolci v. Hollywood Park Operating Co.California Court of Appeal · 1993
- Budget Realty, Inc. v. HunterCalifornia Court of Appeal · 1984
- Ziegler v. BarnesCalifornia Court of Appeal · 1988
- Crookall v. Davis, Punelli, Keathley & WillardCalifornia Court of Appeal · 1998
3Cited by1 opinion
- Coker v. JPMorgan Chase Bank, N.A.California Supreme Court · 2016