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GERTZ v. SELIN

No. 11700.

112 Ariz. 562 (1976)

544 P.2d 1077

Mosie N. GERTZ and Bessie A. Gertz, his wife, and Joseph C. Raineri, Sr., Appellants, v. Harriet Jane SELIN and David Earl Selin, Appellees.

Supreme Court of Arizona, In Division.

January 27, 1976.

Attorney(s) appearing for the Case

Anthony J. Raineri, Phoenix, for appellants Gertz.

Joseph C. Raineri, Jr. and Joseph C. Raineri, Sr., Scottsdale, for appellant Raineri.

Philip T. Goldstein, Phoenix, for appellees.

HOLOHAN, Justice.

This case is an appeal from a judgment foreclosing a collateral assignment of the beneficial interest in a trust of real property.

In 1960, appellants Gertz sold to appellees Selin a one-third undivided beneficial interest in the real property trust in issue. Selins were advised by Gertz that the interest purchased was owned by Raineri, but that Gertz would conduct all negotiations since he was...

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