QuickHelper

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About QuickHelper

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Teaching Since: May 2017
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  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

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  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 03 Oct 2017 My Price 7.00

A is a land owner who grants a deed to B who pays good value

A is a land owner who grants a deed to B who pays good value for the property, but  waits until after finals are over to record the deed. Subsequently, A (a crook) sells the same property to C, who checks the deeds records and sees A's name as the last owner of the land, pays good value and, having taken Business Law last semester, records immediately. Who owns the land?

 

options:

1)   B does because he was first to give value for the land.

2)   C does because he is a bona fide purchaser who recorded first.

3)   A does because of his fraudulent conveyance the contracts are voided and the property is returned to him.

4)   It will depend on who paid more for the land, as between B and C.

Answers

QuickHelper
(10)
Status NEW Posted 03 Oct 2017 06:10 AM My Price 7.00

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