Caito v. United California Bank

How courts have described this case

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

• “Following a foreclosure sale and satisfaction of the obligation of the creditor who forecloses, subordinate liens against the foreclosed property attach to the surplus proceeds in order of their priority.”
• wife’s possession not notice of claim that property is her separate property where title held by husband and wife as joint tenants
• wherein the court held the doctrine of equitable subrogation does not apply when a co-tenant debtor is primarily liable for the full debt
• equitable subrogation requires that the “debt paid ... be one for which the subrogee was not primarily liable”
• junior lienor draws from proceeds only after foreclosing senior lienor paid off
• junior lienor draws from proceeds only after foreclosing senior lienor paid off

Source: CourtListener parenthetical corpus (CC0).