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an undivided one-fifth interest in Mahmoud’s undivided one-half
interest in the Foster City residence from Mahmoud to Gabriel and
Morhaf. This gift deed was recorded on March 21, 1996. On
January 17, 1997, a series of four grant deeds effecting the
consolidation of title to the Foster City residence in Mahmoud and
Laila, as joint tenants, was recorded.2 Mahmoud and Laila then
executed a grant deed on January 24, 1997, and recorded the deed
on June 25, 1997, evidencing the transfer of title to the Foster
City residence to Mahmoud, Laila, Gabriel, and Morhaf “All As
Their Interest May Appear".
Mahmoud and his brother Fuad were involved in business
together under the corporate name Daya International Commerce and
purchased a restaurant in San Francisco in 1987. In 1989, they
sold the restaurant and accepted a note from the group that
purchased the restaurant as payment. Later that year the building
was destroyed by an earthquake. The buyers of the restaurant
defaulted on the note. Mahmoud and Fuad attempted to collect on
the note, but the buyers filed for bankruptcy. As a result of the
default, Mahmoud and Fuad were liable for approximately a quarter
of a million dollars on a note to the previous owner of the
restaurant. Fuad paid the entire obligation, and Mahmoud
2 One grant deed transferred Gabriel’s interest, one
transferred Morhaf’s, one transferred Fuad and his wife,
Martha’s, and one transferred Mahmoud’s interest.
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Last modified: May 25, 2011