Helvetica Servicing, Inc. v. Pasquan (3/20/2012)

March 26, 2012
Arizona Court of Appeals Division One Holds That (1) Refinancing a Loan Does Not Destroy Anti-Deficiency Protection to The Extent Proceeds Satisfy the Underlying Purchase Money Obligation, (2) Loans Used to Construct a Residence Sometimes Merit Anti-Deficiency Protection, and (3) Loans Used for Non-Purchase Money Purposes May be Traced, Segregated, and Recovered in a Deficiency Action.

KAZ Construction, Inc. v. Newport Equity Partners (3/2/2012)

March 14, 2012
Arizona Court of Appeals Division Two Holds That the Specific Terms of a Land Trust Limit the General Rule that a Beneficiary May Encumber a Property and That a Mechanic’s Lien Claimant Must Provide Written Twenty Day Notice to a Reputed Construction Lender Holding an Invalid Recorded Deed of Trust