Wang v. Lone Oak Fund CA2/4
Appellants Zhengjun Wang and Baohua Wang (father and son) sued respondents Lone Oak Fund, LLC (Lone Oak) and Qualfax, Inc. (Qualfax) (among others), seeking to quiet title to a piece of real property owned by Baohua or, failing that, to establish an equitable lien against the property. Appellants alleged that without their knowledge or consent, the property was encumbered with deeds of trust in favor of both Lone Oak and Qualfax, securing loans made by respondents to entities unaffiliated with appellants. In 2019, Qualfax purchased the property at a nonjudicial foreclosure sale that it initiated.
In the proceedings below, both respondents filed motions for judgment on the pleadings, arguing the operative complaint failed to state causes of action against them because they were good faith encumbrancers.
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