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Homeowner sues bank for quiet title over improper property description
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Court Report
Monday, October 19, 2015
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A California homeowner defaulted on her loan less than a year after receiving a mortgage on her property. She then sued her bank, arguing that the property was not a single-family dwelling like the bank represented, but rather a converted barn and that it would be financially impractical to bring the property into a condition where a certificate of occupancy could be issued. After her first suit was dismissed and a loan modification could not be made, she sued the bank again. Read on to find out what the Second District Court of Appeal of California had to say in that case.
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