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#T3BE 243 Full Question text for Patrons (Patreon)

Published:
2021-09-03 04:00:00
Imported:
2022-10

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Anonymous

I am 99% confident the answer is B. Race notice means first bona fide purchaser (BFP) to record. A BFP is someone who purchases land for value, without any notice of previous grantee's claim to the land. The investment Company (InCo) is a BFP because they purchased the land without notice of another claim. The son is a BFP because the land was "sold" to him without notice of InCo's claim. Because son recorded first, his claim is superior to InCo. The brother is not a BFP because he did not purchase the land, it was given to him. Edit: I got caught by the attractive distractor. The friend has the superior claim. because the son had the superior cliam, his rights in thebnland were freely alienable. the fact that the friend had inquiry and record notice of InCo's claim doesnt matter, because that race was already over, the friend was never in a race with InCo. The friend was a BFP and recorded the interest.

Anonymous

As a non-board certified law-talking Lion I am going to assume that a "race" is quite literal in its language. So since the first person to record the deed was the Son, so he owned it. He exchanged that to his friend, who stalled on recording the "new" deed. The conflict C is meant to question to the test-taker, I assume, is the attractive distractor of the friend taking a long time to record the deed of the transfer to him. But the most likely largest conflict is between the investor, the brother, and the son. The investor bought first (having paid AND started construction) and will be obviously pissed. The brother just thought he scored some land, so he's pissed. So first to record was the son...who then sold it to the friend. So my answer is: "C" Side note I'd love answered even if I am wrong: assuming anyone other than the investor is the owner, who the hell pays the investor back? He paid the original owner already according to the question. Is it the new owner? Does the debt pass to the relatives of the Bartender?

Anonymous
>>67266576

Breach of contract against the bartender’s estate. If funds are not enough to cover losses then SOL.