Dustin Rall v. BTH Bank, National Association, a National Banking Association

How courts have described this case

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

• stating that “words of statutes—including revenue acts^—should be interpreted where possible in their ordinary, everyday senses.”
• holding that when a seller of real property “transfers subject to the mortgage, the benefit to him is as real and substantial as if the mortgage were discharged, or as if a personal debt in an equal amount had been assumed by another.”
• noting that, in some circumstances, a seller who has not actually received funds will be treated as having had the money “‘paid [to] it and then paid over by it to its creditors’”
• “if the value of the property is less than the amount of the mortgage, ... a different problem might be encountered”
• Tax Court's determinations of statutory terms \announced rules of general applicability on clear-cut questions of law\
• Tax Court’s determinations of statutory terms “announced rules of general applicability on clear-cut questions of law”

Source: CourtListener parenthetical corpus (CC0).