William J. Layng, Jr., Chapter 7 Trustee v. United Wholesale Mortgage

CourtUnited States Bankruptcy Court, N.D. Georgia
DecidedMarch 10, 2023
Docket20-06024
StatusUnknown

This text of William J. Layng, Jr., Chapter 7 Trustee v. United Wholesale Mortgage (William J. Layng, Jr., Chapter 7 Trustee v. United Wholesale Mortgage) is published on Counsel Stack Legal Research, covering United States Bankruptcy Court, N.D. Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
William J. Layng, Jr., Chapter 7 Trustee v. United Wholesale Mortgage, (Ga. 2023).

Opinion

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Vorsreact one Date: March 10, 2023 □ - if feed Ut Wt Lo x ad Lisa Ritchey Craig U.S. Bankruptcy Court Judge

UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION In re: : CASE NUMBERS: BU YONG KIM, > 19-62423-LRC Debtor. : CHAPTER 7 WILLIAM J. LAYNG, JR., Chapter 7 : ADVERSARY PROCEEDING NO.: Trustee for The Estate of BU YONG : KIM, : 20-6024-LRC Plaintiff, : Vv. UNITED WHOLESALE MORTGAGE, : and NATIONSTAR MORTGAGE, LLC, : d/b/a MR. COOPER, Defendants.

ORDER Before the Court is a Motion to Dismiss (Doc. 4) (the “Motion’’) filed on behalf of

United Wholesale Mortgage and Nationstar Mortgage, LLC d/b/a Mr. Cooper (collectively, the “Defendants”). The Motion seeks dismissal under Federal Rule of Civil

Procedure 12(b)(6) of a complaint (Doc. 1) (the “Complaint”) filed by the Chapter 7 Trustee (“Plaintiff”) against the Defendants. RELEVANT FACTS Debtor filed a voluntary Chapter 7 bankruptcy petition on August 7, 2019 (the “Petition Date”). (Case No. 19-62423). On the Petition Date and jointly with his wife, Debtor owned real property located at 51 Ludwick Lane, Lawrenceville, GA 30046 (the

“Property”). On December 29, 2017, Debtor and his wife executed a security deed in favor of Mortgage Electronic Registration Systems, Inc. as nominee for United Wholesale Mortgage (the “Security Deed”). Complaint at ¶ 11; Doc. 6 at 3. The Security Deed was recorded in the real property records of Gwinnett County, Georgia, on January 8, 2018. Id. The Security Deed contains the signatures of Debtor, Debtor’s wife, and an unofficial

witness. Complaint at ¶ 20. In pertinent part, the Security Deed contains a clause in which a notary public (the “Notary”) signs to the statement, “[t]his record was attested before me on 12/29/2017 by [Debtor and Debtor’s wife], who proved to me on the basis of satisfactory evidence to be the person(s) who appeared before me” (the “Clause”). Complaint at ¶ 21. Just below this

text is a notation that Debtor and his wife produced identification to the Notary, and the Notary’s signature and seal follow accordingly. Id. All this text appears below the language “Space Below This Line [f]or Acknowledgement.” Id. The function of the Clause – be it acknowledgement, attestation, or neither – is at issue here. LEGAL STANDARD Defendants seek dismissal pursuant to Federal Rule of Civil Procedure 12(b)(6)

under which the Court may dismiss a complaint if it fails “to state a claim upon which relief can be granted.” See Fed. R. Bankr. P. 7012 (incorporating Fed. R. Civ. P. 12(b)(6)). Under this standard, “to survive a motion to dismiss, a complaint must … contain factual allegations that are ‘enough to raise a right to relief above the speculative level.’” Bell Atlantic Corp. v. Twombly, 550 U.S. 544, 555 (2007). As explained herein, Plaintiff states a claim, so the Motion must be denied.

DISCUSSION Plaintiff contends that the Security Deed is patently defective, arguing that it lacks the proper attestation required by the Recording Statute. Complaint at ¶ 16. In such a case, the Security Deed would not provide actual or constructive notice to Plaintiff as a hypothetical bona fide purchaser for value and would be avoidable pursuant to 11 U.S.C.

§ 544(a)(3). Id. at ¶ 17. Indeed, “[i]f a security deed is not attested by an official witness, then it is patently defective, does not provide constructive notice to a bona fide purchaser even if recorded, and may be avoided by a chapter 7 trustee.” In re Grier, 2022 Bankr. LEXIS 2757 at *6 (Bankr. N.D. Ga. 2022) (citations omitted). Therefore, ruling on the Motion necessarily requires consideration of the Security Deed itself, and neither party

contests the validity of such, as each attaches the same to both the Complaint and the Motion. Because Georgia law makes clear that deeds must be attested by an official witness to be eligible for recordation,1 the Clause’s function – whether it be an acknowledgement, attestation, or neither – is critical. Acknowledgment “is ‘the act of a grantor in going before

some competent officer and declaring the paper to be his deed.’ To prove an acknowledgment, ‘the certificate of the officer that it has been made’ must be added to the deed.” In re Lindstrom, 30 F.4th 1086, 1090 (11th Cir. 2022) (citations omitted). But attestation is “the act of witnessing the actual execution of paper and subscribing one’s name as a witness to that fact.” Id. (citations omitted). Before it was amended in 2015, Georgia law allowed for an official witness’s attestation or acknowledgement. Since the

Security Deed was executed in 2017, an official witness’s acknowledgement alone would not suffice. Plaintiff attacks the recordation of the Security Deed on grounds that it was “not attested by an official witness,” and the Court agrees. Complaint at ¶ 16. It is the Court’s role to determine whether ambiguity in a deed exists. DOT v. Meadow Trace, Inc., 617

S.E.2d 246, 248 (Ga. Ct. App. 2005) affirmed 631 S.E.2d 359 (Ga. 2006). Notably, “[a]mbiguity exists when the language may be fairly understood in more than one way,” but here, because the language cannot be understood in any way, the Court finds it cannot be an attestation. Caswell v. Anderson, 527 S.E.2d 582, 584 (Ga. Ct. App. 2000). The Notary signed his name to the fact that “[t]his record was attested before [him] … by

[Debtor and Debtor’s wife].” While it is true that “there are no specific words or precise

1 O.C.G.A. § 44-14-61 (the “Recording Statute”) provides that “[i]n order to admit deeds to secure debt … to record, they shall be signed by the maker, attested by an officer as provided in Code Section 44-2-15, and attested by one other witness.” One such officer is a notary public. See O.C.G.A. § 44-2-15. form required” for attestation, the Clause itself is meaningless.2 In re Simpson, 544 B.R. 913, 919 (Bankr. N.D. Ga. 2016). The passive use of the term of art “was attested” places Debtor and his wife in the positions of witnesses to their own signatures.3 Of course, this

cannot be.4 The Clause means nothing. Thus, the Court cannot find that the Clause serves as a proper attestation in accordance with the Recording Statute. In the alternative, Defendants argue that the Complaint ought to be dismissed because the Security Deed’s contemporaneously recorded waiver of borrowers’ rights (the “Waiver”) and the closing attorney’s affidavit (the “Affidavit”) put Plaintiff on

constructive notice of the Security Deed. But O.C.G.A. § 44-2-8 (the “Remedial Statute”) also offers Defendants no reprieve.

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Related

Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Department of Transportation v. Meadow Trace, Inc.
631 S.E.2d 359 (Supreme Court of Georgia, 2006)
Department of Transportation v. Meadow Trace, Inc.
617 S.E.2d 246 (Court of Appeals of Georgia, 2005)
Caswell v. Anderson
527 S.E.2d 582 (Court of Appeals of Georgia, 2000)
Pingora Loan Servicing, LLC v. Cathy L. Scarver
30 F.4th 1086 (Eleventh Circuit, 2022)

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William J. Layng, Jr., Chapter 7 Trustee v. United Wholesale Mortgage, Counsel Stack Legal Research, https://law.counselstack.com/opinion/william-j-layng-jr-chapter-7-trustee-v-united-wholesale-mortgage-ganb-2023.