Q: What is the Impact of the presence of a bona fide purchaser (BFP) on an otherwise defective deed. ?
Impact of the presence of a bona fide purchaser (BFP) on an otherwise defective deed.
- If deed is VOID, BFP gets no title. If deed is VOIDABLE, BFP gets title.
- “Fraud in the inducement” generally creates a VOIDABLE deed, whereas “fraud in factum” creates VOID title.
- Lack of delivery makes a deed VOID.
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