Help me:
If A owns Blackacre, then B comes out of nowhere, and draws up a deed and sells Blackacre to C, what happens?
B is a complete stranger to A, but lied and said he owned the proprety.
Does C take as a Bona fide purchaser? Seems unlikely since A is totally innocent and is getting stripped of land. Or is it not a BFP since C could look up in the property records and see B doesn't own it? [thus putting C 'on notice' that someone other than B owns the property]
property Q Forum
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Re: property Q
What sort of deed was B conveying ? (quitclaim seller not even promising he even has title to convey, this would be a material fact to know. general warranty, owner warrants he owns the estate due to cov of seisin.)
What recording statute is in this jurisdiction (race, notice, race-notice)? This is important to know.
There are more facts needed
What recording statute is in this jurisdiction (race, notice, race-notice)? This is important to know.
There are more facts needed
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Re: property Q
Sure, say he gives a general warranty. Does the property get stripped from A's possession and to C?
My thinking is no because he cannot be a bona-fide purchaser; if he looked up property records he would see A is on the deed, not B
My thinking is no because he cannot be a bona-fide purchaser; if he looked up property records he would see A is on the deed, not B
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Re: property Q
The deed is forged. Therefore, it's void. We don't even get to BFP status because a forged dead is completely void. It is irrelevant what recording statute this jdx holds.
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Re: property Q
This. It is a complete fraud. A is not affected and C is SOL.estefanchanning wrote:The deed is forged. Therefore, it's void. We don't even get to BFP status because a forged dead is completely void. It is irrelevant what recording statute this jdx holds.
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Re: property Q
You should also differentiate between a forged deed and a deed obtained by fraud.
A forged deed is completely voids. A deed obtained by fraud is voidable by the adversely affected party. I can almost guarantee that the MBE will have a question that tests this distinction.
A forged deed is completely voids. A deed obtained by fraud is voidable by the adversely affected party. I can almost guarantee that the MBE will have a question that tests this distinction.
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