Bank of Three Oaks v. Lakefront Properties

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “When property is purchased at a foreclosure sale for an amount equal to the amount due on the mortgage, the debt is satisfied.”
• “[T]he bank’s purchase of the property for the entire amount of the outstanding indebtedness extinguished [the mortgagee’s] debt and mortgage.”

Source: CourtListener parenthetical corpus (CC0).