Commercial Law Keyed to Lopucki
Marino v. United Bank of Illinois, N.A
Appellant attended a sheriff’s sale with the intent to find out about the property for sale and then make a decision as to whether to bid. He asked a deputy sheriff whether there were any liens or encumbrances on the property. The sheriff stated that there were, the total of which amounted to $14,327. The sheriff then directed Appellant to the attorney who was handling the case. Linda Kream, (Kream), was attending the sale in the place of the attorney who was handling the case. She stated that there did not appear to be any but she was not sure because this was not her case and she would not want him to rely on that. Appellant purchased the property for $13,541. He was then joined as a defendant in an action by First Savings and Loan of Rockford and it was then that he became aware of liens and encumbrances superior to his interest.
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