[Download] "Merchants Mortgage & Trust Corp. v. Dawe" by Colorado Court of Appeals No. 82CA0230 # Book PDF Kindle ePub Free
eBook details
- Title: Merchants Mortgage & Trust Corp. v. Dawe
- Author : Colorado Court of Appeals No. 82CA0230
- Release Date : January 12, 1982
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 60 KB
Description
Opinion by JUDGE KELLY The trial court granted summary judgment in favor of Merchants Mortgage & Trust Corporation awarding the unpaid balance of a promissory note executed by defendants, Mr. and Mrs. Dawe. The Dawes argue that the trial court erred in ruling that their right to rescind the land transaction was precluded by the three-year limitation provision in the Federal Truth in Lending Act, 15 U.S.C. § 1635(f). We affirm. The Dawes signed a land sale agreement and a promissory note on September 29, 1973, for the purchase of a lot at Stagecoach, a development of the Woodmoor Corporation. The promissory note was later assigned to Merchants. It was stipulated by the parties that the transaction was consummated between September 29 and October 4, 1973.
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