Court Cases
January 18, 2011
MARKETABLE RECORD TITLE ACT
Schelb v. Stein (PDF)
In a previous divorce action, in order to equalize a division of community property, the husband was ordered to give the wife a note secured by a deed of trust on property awarded to the husband. In this case (many years later), the court held that under the Marketable Record Title Act, the deed of trust had expired. (Civil Code Section 882.020.) However, under Family Code Section 291, the underlying family law judgment does not expire until paid, so it is enforceable as an unsecured judgment.
Cal.App. 2nd Dist. (B213929) 12/17/10
