Cal. · Supreme Court opinion · July 20, 1978
Related by Seller ProceedsCoast Bank v. Minderhout — California Supreme Court
California Supreme Court · 61 Cal.2d 311
Teaches recorded lender control agreements tied to improvement loans can still create enforceable security — background for equitable subordination disputes in subdivision escrows (Jones v. Sacramento Savings cites Coast Bank).
Published Supreme Court opinion only. Jones v. Sacramento Savings (1967) 248 Cal.App.2d 522 (supporting link) cites Coast Bank for equitable priority arguments in construction financing.
- Court / region
- Cal. Supreme Ct.
- Case number
- 61 Cal.2d 311
- Filed
- January 1, 1964
- Source record
- Court opinion
- Procedural posture
- Supreme Court opinion
- Money movement stage
- Seller proceeds stage
- Record gap
- Payee gap
- Strongest reviewed source
- Published opinion
- Allegation / finding status
- Court ruling
- Disposition
- Supreme Court opinion
- Last posture checked
- 2026-05-31
- Reviewed
- 2026-05-31
What happened
Court held a recorded property-improvement loan agreement that barred transfers without lender consent, and authorized recording, could create an equitable mortgage enforceable against subsequent purchasers with actual knowledge.
What it hinged on
Amount involved
Amount not stated in reviewed source.
Result
Supreme Court opinion
Why this belongs here
Teaches recorded lender control agreements tied to improvement loans can still create enforceable security — background for equitable subordination disputes in subdivision escrows (Jones v. Sacramento Savings cites Coast Bank).
Documents to inspect
- Seller instructions
- Authorization request
- Callback log
- Wire confirmation
- Closing statement
- Escrow instructions
This list is inferred from the topic pattern, not asserted as an extracted document list for this case.
What the file needed to show
Current reviewed metadata frames the file issue this way:
Timeline
Topics
Related patterns
Related records are selected from shared topics, hinge category, court type, and posture. They are discovery aids, not claims that the facts or results match.
Continue research
Open a related reviewed-record search or save this trail when the file-record question is worth revisiting.
Source record
What this record does not show
This reviewed record does not show a court finding that any company or person did anything wrong unless the linked source expressly says so. Read the primary source for allegations, posture, and outcome.
Limit: Published Supreme Court opinion only. Jones v. Sacramento Savings (1967) 248 Cal.App.2d 522 (supporting link) cites Coast Bank for equitable priority arguments in construction financing.