MARTIN v. WORLD SAVINGS & LOAN ASS'N, B145688
A deed of trust does not have to require the homeowner to obtain earthquake insurance in order to have an enforceable provision that if such insurance is obtained, the lender is to be named loss payee and would have the right to control or direct the proceeds.
- Decided 10/02/2001
- Published 10/02/2001
- California Court of Appeal
- For Appellant:
- Alan M. Insul; Law Offices of Howard A. Snyder, Encino, Howard A. Snyder, Michael G. Roussau; Quisenberry and Kabateck, John N. Quisenberry, Brian S. Kabateck, Los Angeles, and Robert R. Brina, Pasadena, for Plaintiff and Appellant.
- For Appellees:
- Musick, Peeler & Garrett, Costa Mesa, Barry D. Hovis, San Francisco, and Cheryl A. Orr, Los Angeles, for Defendant and Respondent.