Short Sales and Deficiency Liability: The Pointlessness of Purposes
7 Pages Posted: 31 Oct 2013
Date Written: October 29, 2013
Commentary on recent decisions applying California anti-deficiency statutes to borrowers' agreements to remain liable for shortfall following lenders’ consents to short sales.
Keywords: Deficiency, Short sales, Bank of America v Roberts, Coker v JP Morgan, Enloe v Kelso
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