TRANSAMERICA FINANCIAL SERV. v. LAFFERTY

No. 1 CA-CV 91-0173.

175 Ariz. 310 (1993)

856 P.2d 1188

TRANSAMERICA FINANCIAL SERVICES, INC., Plaintiff-Appellee, v. Carl LAFFERTY, an unmarried man, Defendant-Appellant.

Court of Appeals of Arizona, Division 1, Department A.

July 20, 1993.


Attorney(s) appearing for the Case

Robert D. McCoy, Wickenburg, for plaintiff-appellee.

Crosby and Gladner, P.C. by G. Lee Crosby, Larry K. Udall and S. Matt Collins, Phoenix, for defendant-appellant.

Newman, Ahern, Chambliss & Banen by Lisa Perry Banen, Phoenix, for amicus curiae AZ Trustee Ass'n.


OPINION

JACOBSON, Judge.

This appeal presents two major issues: (1) whether the trustee of a real estate trust is required to take steps to give notice of a trustee's sale to a second beneficiary, beyond sending notice to the address of that beneficiary as reflected in the deed of trust; and (2) if the sale is valid as to the second beneficiary, whether that beneficiary's lien revived when the original debtor reacquires the property, and, if so, whether that...

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