The California Court of Appeal recently clarified how courts should value a Performance Deed of Trust (PDOT) in foreclosure, and affirmed that the performance obligations included in the deed of trust survive beyond foreclosure. In Majestic Asset Management LLC v. The Colony at California Oaks Homeowners Association, decided December 16, 2024, the company Majestic Asset Management, LLC (Majestic) purchased a golf course connected to a gated community in Murrieta, California. Read the article…………………………….
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