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PERRY v. SAFETY FED. SAV. & L. ASS'N OF KAN. CITY

No. 1 CA-CIV 2761.

25 Ariz. App. 443 (1976)

544 P.2d 267

James C. PERRY and Lee Perry, his wife, Appellants, v. SAFETY FEDERAL SAVINGS & LOAN ASSOCIATION OF KANSAS CITY, a corporation, Appellee.

Court of Appeals of Arizona, Division 1, Department A.

Rehearing Denied February 6, 1976.

Review Denied February 24, 1976.

Attorney(s) appearing for the Case

Renaud, Cook, Miller & Cordova, PA by Joseph B. Miller, Phoenix, for appellants.

O'Connor, Cavanagh, Anderson, Westover, Killingsworth & Beshears, PC by Wilbert G. Anderson, Phoenix, for appellee.

OPINION

OGG, Judge.

In this case we are called upon to decide the legal implications arising from the attempted transfer of redemption rights in a mortgage foreclosure action involving an original judgment that was vacated to correct an error in the amount of the judgment.

The appellee Safety Federal Savings and Loan Association of Kansas City, a corporation (Safety Federal), brought an action to foreclose a note and mortgage upon property owned by...

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