· 8/27/1991
Armstrong v. Csurilla
Citations
- 817 P.2d 1221
- 112 N.M. 579
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that statutory requirement that no real property shaK be sold on execution by the sheriff for less than two-thirds of its appraised value is not appKcable to a court-supervised foreclosure sale
- recognizing a money judgment may constitute a lien against the judgment debtor’s property and be enforced or foreclosed in a single proceeding
- stating that the party 19 seeking to vacate a judicial sale has the burden to establish that the sale price was 20 inadequate
- agreeing that upon default in a contract for the sale of land, the seller may not accelerate the balance due on the contract and sue for payment as well as repossessing the property and retaining amounts previously paid as liquidated damages
- stating that legislative or judicial attempts to invalidate foreclosure sales as unfair to the debtor are aimed to prevent situations where both the debtor loses the property and the sales price is so low as to result in a deficiency judgment
- stating that legislative or judicial attempts to invalidate foreclosure sales as unfair to the debtor are aimed to prevent situations where both the debtor loses the property and the sales price is so low as to result in a deficiency judgment
Source: CourtListener parenthetical corpus (CC0).
Judges: Montgomery, Sosa, Ransom
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.