JP Morgan Chase Bank v. Greenberg CA2/6

Facts and Procedural History In 2001 Zohreh Khabushani (Zohreh) acquired title to the Thousand Oaks property based on a quitclaim deed from Paramount Group, Inc. (PGI) to Zohreh, "a married woman as her sole and separate property." In 2003, Chase's predecessor in interest, Washington Mutual Savings (WaMu), loaned Zohreh $265,000 and recorded a deed of trust on the property. On June 3, 2005, appellant obtained a $153,310.35 judgment against PGI and Zohreh's husband, Michael Khabushani, in Los Angeles County Superior Court. (Paramount Group, Inc. v. Greenberg, Los Angeles County Sup. Ct. Case No. BC-305818.) On September 7, 2005, appellant filed a creditor's action to enforce the judgment. (Greenberg v. Khabushani et al., Ventura County Sup. Ct. Case No. SC- 043980.) WaMu/Chase was not a defendant in the action. Appellant prevailed and recorded a June 30, 2008 judgment stating that Zohreh "is a third person who has property in which Defendants, Mike Khabushani and Paramount Group, Inc, have an interest. . ." In 2011, Chase sued for declaratory relief on the ground that the judgment lien was subordinate to Chase's deed of trust. The trial court found that the 2001…