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DRAFT FOR ATTORNEY REVIEW — NOT FINAL

section 17980

Citation
section 17980
Parent Document
City of Santa Monica v. Gonzalez, 182 P.3d 1027 (2008)
Jurisdiction
California (state)
Effective Date
2008-05-19

Other Sections in This Document (159)

Full Text

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In the proceedings below, a majority of the Court of Appeal determined that, under the circumstances, the trial court did not abuse its discretion in approving the less expensive and more profitable demolition and sale of the property (which would leave equity of $455,000), over the more expensive and less profitable rehabilitation of the property (which would leave equity of $305,000). The dissenting justice, however, concluded it should be Gonzalez’s decision as the owner to forgo the additional equity ($150,000) and to keep the property even though it would be less profitable.