Lin v. Coronado
Annotate this CaseLin alleged she “pooled” her $150,000 with $100,000 provided by River Forest Financial and Elevation Investments “in partnership for the purchase” of a residential property at a foreclosure auction for the purchase price of $250,000. The original trustee’s deed for the property specified that River Forest had a 75 percent interest in the property and Elevation had a 25 percent ownership interest. Lin was named on that version of the deed as a grantee without any stated percentage interest. Lin alleged that the trustee’s deed that was executed and recorded omitted Lin’s name, which had been included in the unrecorded, original trustee’s deed; River Forest subsequently quitclaimed the property to Elevation; and without Lin’s knowledge, Elevation sold the property to Coronado. Lin claimed that the alteration of the original deed rendered it void, giving the transferee, Coronado, no interest in the property. Linn sought to quiet title to the property. The court of appeal affirmed dismissal, finding that the alteration of the deed to omit Lin’s name was not material because the original version of the deed showed she had no interest in the property.
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