Alaska Supreme Court
Kelley K. Griffin, Appellant v. Michael A. Weber, Appellee
March 22, 20132013 Alas. LEXIS 36
Summary
The Alaska Supreme Court held that the parties’ September 2009 quitclaim deed should be reformed into a security instrument because both parties testified that it was intended to secure Griffin’s obligations rather than transfer permanent ownership. The superior court’s contrary finding was clearly erroneous, and the case was remanded to determine the terms of the reformed instrument, any rent owed by Weber, and cooperation with refinancing that would eliminate Weber’s contingent obligation.