Melendrez v. D & I INVESTMENT, INC.

How courts have described this case

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

• noting that a party’s status as a bona fide purchaser coupled with delivery of a trustee’s deed reciting compliance with, and satisfaction of, all procedural requirements grants the buyer a conclusive presumption that the sale was properly conducted
• finding a “nonjudicial foreclosure sale is accompanied by a common law presumption that it was conducted regularly and fairly” (internal quotation marks omitted)
• a “properly conducted nonjudicial foreclosure 26 sale constitutes a final adjudication of the rights of the borrower and lender.”
• “The first element does not require that the buyer’s consideration be the fair market value of the property (or anything approaching it). Instead, the buyer need only part with something of value in exchange for the property.”

Source: CourtListener parenthetical corpus (CC0).