[DOWNLOAD] "Pankow Construction Co. v. Advance Mortgage Corp." by Ninth Circuit United States Court of Appeals # eBook PDF Kindle ePub Free
eBook details
- Title: Pankow Construction Co. v. Advance Mortgage Corp.
- Author : Ninth Circuit United States Court of Appeals
- Release Date : January 13, 1980
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 73 KB
Description
This is an action against a mortgage lender (Advance), brought by a general contractor (Pankow) to recover the balance allegedly due under a contract between Pankow and a construction project developer (Pacheco). The district court denied recovery. We affirm. In the spring of 1972, Pacheco embarked upon a plan to build a residential apartment complex in Novato, California. After obtaining a commitment from HUD to insure the mortgage loan under section 221(d)(4) of the National Housing Act, 12 U.S.C. § 1715l (d)(4), Pacheco entered into a Building Loan Agreement with Advance and a Construction Contract with Pankow.
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