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GENERAL ELEC. CREDIT CORP. v. AIR FLOW INDUSTRIES, INC.

No. 82-1700.

432 So.2d 607 (1983)

GENERAL ELECTRIC CREDIT CORPORATION, Appellant, v. AIR FLOW INDUSTRIES, INC., Gene A. Latham and Jerry L. Latham, Appellees.

District Court of Appeal of Florida, Third District.

Rehearing Denied June 22, 1983.

Attorney(s) appearing for the Case

Barnett & Kress and Robert Barnett, Miami, for appellant.

Weintraub, Weintraub, Seiden, Dudley & Press and Mark Press, Miami, for appellees.

Before SCHWARTZ, C.J., and BARKDULL and FERGUSON, JJ.

SCHWARTZ, Chief Judge.

Air Flow Industries, Inc. contracted to build a swimming pool for Mr. and Mrs. Heinlein, the payment for which was to be secured by a second mortgage. Before the contract was finalized, the appellant, General Electric Credit Corporation (GECC), which was financing some of Air Flow's operations, ran a title search on the customers' property with satisfactory results. The Heinleins then executed an installment sales agreement and a mortgage in...

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