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In Re Krohn

Citations

  • 52 P.3d 774
  • 203 Ariz. 205

How courts have described this case

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

  • stating the Arizona Supreme Court has long followed the rule that it will follow the Restatement when not bound by previous decisions or legislative enactment
  • setting aside a deed of trust sale on the basis that the bid price was grossly inadequate
  • noting the Restatement guidance that gross inadequacy will generally exist when the sales price is less than twenty percent of fair market value
  • allowing debtor to challenge completed trustee’s sale based on grossly inadequate bid price
  • “[D]eed of trust sales are conducted on a contract theory under the power of sale authority of the trustee.”
  • mortgage foreclosure sale may be set aside if bid is grossly inadequate when compared to fair market value of property

Source: CourtListener parenthetical corpus (CC0).

Judges: Feldman

Read full opinion on CourtListener

Cited by

25 cases in this archive cite this case; the 20 most cited are listed.

Cites

32 cases in this archive are cited by this case; the 20 most cited are listed.

Other cases named In Re Krohn

3 other CourtListener records share this case name.

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.