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· 4/14/1983

De Anza Land and Leisure Corp. v. Raineri

Citations

  • 669 P.2d 1339
  • 137 Ariz. 262
  • 1983 Ariz. App. LEXIS 523

How courts have described this case

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

  • recognizing that a statutory bar to enforcement of the debt is not equivalent to its extinguishment
  • holding that the statute of limitations for an action to foreclose a mortgage is the same as for an action on the underlying debt: “A.R.S. § 12-548 applies to foreclosure actions as well as to actions on the underlying debt”
  • “A.R.S. § 12-548 applies to foreclosure actions as 1 well as to actions on the underlying debt”
  • “It is well established that in order to remove the applicable statute of limitations, ‘there must be both (a) an acknowledgment of the debt, and (b) willingness to pay it.’”
  • “We 4 also note that the promise to pay may be implied.”
  • “We also note that the promise to pay may be 18 implied.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Grant, Haire, Eubank

Read full opinion on CourtListener

Sourced 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.