Tucson Federal Savings & Loan Ass'n v. Sundell

How courts have described this case

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

• holding that lender was on notice of buyer’s interest in the property because “prior to granting the construction loan, and prior to disbursing any money under that loan,” the lender had a copy of buyer’s purchase contracts
• mortgagee of real property could not claim lack of notice when it possessed two contracts reflecting land purchaser’s interest
• “When [plaintiff] paid $25 down and entered into a binding written contract to purchase the property she acquired an interest in the land.”
• A purchaser acquires equitable interest when the purchaser enters a binding contract and renders payment.

Source: CourtListener parenthetical corpus (CC0).