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· 7/28/1999

Osterman v. Baber

Citations

  • 714 N.E.2d 735
  • 1999 Ind. App. LEXIS 1282
  • 1999 WL 545270

How courts have described this case

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

  • recognizing that the majority of jurisdictions hold that actual knowledge bars equitable subrogation, but constructive notice does not, but declining to adopt the majority view
  • holding that a lender was not entitled to equitable subrogation where it had actual knowledge of the junior lien
  • \the means of knowledge combined with the duty to utilize that means equates with knowledge itself\
  • by failing to insist upon an updated title search and extinguishing its senior lien, the lender placed its interests at risk

Source: CourtListener parenthetical corpus (CC0).

Judges: Sullivan, Rucker, Darden

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.