JPMorgan Chase Bank, N.A. v. Ward

CourtCalifornia Court of Appeal
DecidedMarch 28, 2019
DocketD073378
StatusPublished

This text of JPMorgan Chase Bank, N.A. v. Ward (JPMorgan Chase Bank, N.A. v. Ward) is published on Counsel Stack Legal Research, covering California Court of Appeal primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
JPMorgan Chase Bank, N.A. v. Ward, (Cal. Ct. App. 2019).

Opinion

Filed 3/28/19

CERTIFIED FOR PUBLICATION

COURT OF APPEAL, FOURTH APPELLATE DISTRICT

DIVISION ONE

STATE OF CALIFORNIA

JPMORGAN CHASE BANK, N.A., D073378

Plaintiff and Appellant,

v. (Super. Ct. No. 37-2013-00044721-CU-OR-NC) DAVID WARD, as Successor Trustee, etc.,

Defendant and Respondent.

APPEAL from a judgment of the Superior Court of San Diego County,

Timothy M. Casserly, Judge. Reversed.

Dillon Miller & Ahuja, Scott Alan Miller and Jessica Rasmussen for Plaintiff and

Appellant.

Procopio, Cory, Hargreaves & Savitch, Kendra J. Hall and William A. Smelko for

Defendant and Respondent. Walter Dean Ward took out a secured loan in 2007. 1 He did not indicate whether

he signed the deed of trust conveying his property to the lender in his individual capacity

or in his capacity as sole trustee of the trust in which his property was held. That deed of

trust (DOT) was never recorded. Years later, the lender's successor (JPMorgan Chase

Bank, N.A. (Chase)) asked for a replacement to foreclose. Walter refused, prompting

Chase to sue. The trial court sustained two general demurrers to Chase's complaint,

entered a judgment of dismissal, and awarded contractual attorney fees and costs to

Walter's son, David Ward, the successor trustee of the trust that held the property.

We believe the central issue on appeal is whether Chase may reframe its action by

amendment to omit a fatal allegation in its original complaint. Because we conclude it

can, notwithstanding the sham pleading doctrine, the court should have granted leave to

amend. Accordingly, we reverse the judgment and the postjudgment order and direct the

court to enter a new order sustaining the general demurrers with leave to amend.

FACTUAL AND PROCEDURAL BACKGROUND

In 1999 Walter and Marijane Ward acquired real property in Valley Center (the

property). They created the Walter Dean Ward and Marijane Frances Ward Trust Dated

January 5, 1996 (the Trust) in 2002 and conveyed the property to it by grant deed. When

Marijane passed away in December 2002, Walter became the sole successor trustee and

lifetime beneficiary of the Trust.

1 We refer to members of the Ward family by their first names for clarity, intending no disrespect. 2 In December 2007 Walter took out a loan for $402,876. As security he pledged

the property to lender Washington Mutual Bank. The notary public certified that Walter

executed the security instrument in his "authorized capacity." Walter signed the DOT in

his name and represented in the note that he "ha[d] the right to grant and convey the

Property."

The original DOT was never recorded and was later lost, damaged, or destroyed.

The copy sent to Washington Mutual could not be recorded because it lacked Walter's

original signature. Chase ultimately acquired the promissory note and DOT as

Washington Mutual's successor-in-interest.

As a precursor to foreclosure, Chase asked Walter to re-execute and notarize a

replacement deed of trust for purposes of recordation. Walter refused. On April 18,

2013, Chase sued Walter in both his individual capacity and his capacity as trustee of the

Trust. Central to this appeal is the allegation at paragraph 18 of the verified complaint:

"By an inadvertent error and misinformation, despite title being vested in Borrower in his capacity as the trustee of Borrower's Trust, Borrower executed Plaintiff's Deed of Trust in his individual capacity, and the true intent of the parties failed, in that, at the time of executing Plaintiff's Deed of Trust, Borrower did not hold title to the Property in his individual capacity." (Hereafter paragraph 18.)

The complaint asserted three causes of action. First, Chase sought an order

quieting title to the property to ensure that it had the senior lien. It next sought

reformation of the DOT in two respects. Believing Walter would challenge the level of

detail in the DOT's property description, Chase sought to correct it to include "certain

metes and bounds information" to match the full legal description of the property in the

3 1999 grant deed. Chase also sought to correct the DOT to reflect the "true intent of the

parties" that the property would secure the loan. Finally, Chase sought declaratory relief

as to the enforceability of the DOT, including a declaration that:

• As a revocable inter vivos trust, the Trust was merely a probate- avoiding device. Walter did not dispose of the property when he conveyed it to the Trust in the 2002 grant deed.

• Because Walter was the settlor and lifetime beneficiary of the Trust with power to direct Trust conveyances, he had the equivalent of full ownership.

• When he executed the DOT, Walter had full power to convey the property as security for the note, and the fact that it was held in the Trust did not prevent enforceability of the DOT to reach Trust property as security for the 2007 note.

• The DOT is valid and enforceable against any successor trustee of Walter's.

• The DOT was intended to secure the loan as a first lien against the property.

• The DOT in fact secures the loan as a first lien against the property.

In connection with these three causes of action, Chase sought contractual attorney fees

and costs.

Walter passed away in September 2016, and his son David became successor

trustee of the Trust. David filed two general demurrers to Chase's complaint, arguing all

causes of action were barred by the statute of frauds and the applicable statute of

limitations. 2 He claimed Chase's allegations confirmed that the Trust never executed any

2 The record does not indicate what transpired in the litigation after the complaint was filed in April 2013 and before David filed the general demurrers in July 2017. 4 written instrument conveying the property. He also asserted any action for relief from

fraud or mistake would be time-barred. Because these allegations were fatal to Chase's

action, David argued that leave to amend should be denied.

Represented by new counsel, Chase opposed the demurrers. It claimed the

gravamen of its action was to enforce the DOT as written, not to correct a mistake in its

execution. Relying on the same cases it cites on appeal, Chase explained that it was "of

no legal consequence" that Walter did not expressly sign the DOT in his capacity as

trustee of the Trust. If paragraph 18 suggested he did so in his "individual capacity," the

DOT did not support that allegation.

The trial court sustained both general demurrers. It observed that the parties had

"vastly different positions" as to the gravamen of Chase's action. But as the court read

the complaint, Chase contended the DOT did not reflect the parties' true intent because it

did not indicate that Walter was executing it in his capacity as trustee of the Trust. The

court believed Chase was seeking to reform the DOT to reflect the parties' true intent as a

precursor to foreclosure. Read in this manner, the lack of a writing was conceded, and

an unrecorded and incorrect DOT could not satisfy the statute of frauds (Civ. Code,

§ 1624, subd. (a)). Further, the court concluded the action was barred under the three-

year limitations period for relief from mistake (Code Civ. Proc., § 338, subd. (d)) 3 or the

catch-all four-year limitations period for other actions (§ 343), implicitly determining that

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