Jerris v. Jerris CA2/3
In this marital dissolution proceeding, respondent Sharon Jerris requested the family court enter a stipulated judgment that she and her then husband, appellant Martin Jerris, had signed to resolve the division of their property and debts. Martin, in turn, moved to set aside the stipulated judgment. Before signing the stipulated judgment, Martin had financial difficulties and needed cash. He wanted to transfer his interest in the couple’s residence to Sharon so that she could take out a loan on the house and pay him. The couple would then divorce. Martin transferred his property interest, but Sharon qualified to borrow only about $100,000, and the bank required her to pay down over $22,000 in debt from the proceeds. The parties signed the stipulated judgment after Sharon received the net proceeds from the loan. The stipulated judgment, drafted by Sharon’s attorney, provided (among other things) that Martin would receive payment of $45,000 and the couple’s residence would
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