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CHASE MANHATTAN BANK v. CANDELARIA

No. 22,625.

98 P.3d 722 (2003)

136 N.M. 332

2004-NMCA-112

The CHASE MANHATTAN BANK, as Trustee of IMC Home Equity Loan Trust 1998-4 under the Pooling and Servicing Agreement Dated as of June 1, 1998, Plaintiff-Appellee, v. John A. CANDELARIA, Jane C. Candelaria, Morequity, Inc., a Delaware Corporation, John Doe, a Tenant whose Name is Unknown, Jane Doe, a Tenant whose Name is Unknown, Defendants-Appellants, v. Charles L. Reule, Third-Party Plaintiff-Appellee, v. Carlo A. Roybal, Third-Party Defendant-Intervenor-Appellant.

Court of Appeals of New Mexico.

Certiorari Granted April 28, 2003.

Attorney(s) appearing for the Case

Will Jeffrey, Aldridge, Grammar, Jeffrey & Hammar, P.A., Albuquerque, NM, for Appellee Reule.

Anthony James Ayala, Albuquerque, NM, for Appellant Roybal.

Certiorari Granted, No. 28,002, April 28, 2003.

Certiorari Granted, No. 28,002, April 28, 2003.

OPINION

WECHSLER, Chief Judge.

{1} Appellant Carlo A. Roybal (Redeemer) appeals the district court's award of $10,638.35 to Charles L. Reule (Purchaser) to reimburse Purchaser for improvements made to property that was acquired at a foreclosure sale. We hold that the "betterment statute," NMSA 1978, §§ 42-4-17 to 42-4-18 (1953...

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