Daniel M. Gray - Page 7

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          document entitled “Promissory Note” dated “December 1999” (note)            
          purporting to be between petitioner and Mrs. Tiernan, which, in             
          its entirety, provides:                                                     
               $30,000.00 face value, payable at $2,000.00 per month,                 
               secured by the Condo at 5912 #2 Walerga, Sacramento,                   
               California.  This agreement for the purchase of                        
               mentioned Condo is between Elsie Gray Tiernan (Seller)                 
               and Daniel M. Gray (Buyer) as his sole and separate                    
               property.                                                              
               Despite the “sale”, petitioner testified that he did not               
          hold legal title to the condo in 2000, claiming that the title              
          was not conveyed and filed under his name until 2001.  The                  
          “note”, however, was not signed by Mrs. Tiernan, suggesting that            
          petitioner and Mrs. Tiernan never reached an agreement on the               
          sale.  It is not disputed that legal title remained under Mrs.              
          Tiernan’s name during 2000.  Petitioner must therefore show that            
          he had an equitable interest in the condo to prevail.                       
               In addition to the “note”, petitioner presented and the                
          Court admitted the following documents as evidence:  (1) Bank               
          statements dated 2000 and 2001 from a joint checking account that           
          petitioner maintained in Nevada with his stepfather, William                
          Tiernan (Mr. Tiernan); (2) a check register for 2000 with entries           
          that corresponded to the check numbers on some of the bank                  
          statements; (3) letters dated as in 2002 between petitioner and             
          the Tiernans relating to petitioner’s rental and eviction from              
          the condo; (4) a signed purchase agreement dated December 14,               





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