Allen
California Federal Savings & Loan Ass'n v. Allen
Opinion
Lead Opinion
This is an appeal from an order denying the petitioner’s application for a peremptory writ of mandate to compel the issuance of a commissioner’s deed after foreclosure sale.
The sole issue presented is whether the 1939 amendment of section 725a of the Code of Civil Procedure (by which the trustor’s period of redemption after foreclosure sale is reduced from one year to three months) may be applied to trust deeds executed — as was the one here involved-prior to the effective date of such amendment. At the expiration of three months after the foreclosure sale, the commissioner who had been appointed by the court to conduct the sale refused to deliver a deed to the petitioner (the beneficiary under the trust deed and purchaser at the sale) for the asserted reason that to give such a retroactive effect to the 1939 amendment would be contrary to constitutional inhibitions against the impairment of contract obligations. Thereupon, a proceeding in mandamus to compel such action was instituted in the superior court, and from an order denying the petition this appeal has been prosecuted. No brief on behalf of the respondent has been filed with this court.