The hotel subsequently brings action against the corporation and the amusement park for specific performance and to quiet title to the property. For whom will the court likely rule?

Respuesta :

The court likely would be in favor of the hotel regardless of whether a jurisdiction has termination laws or race announcement laws.

Under either type of recording law, only bona fide purchasers are protected by law. To achieve this status, one must unknowingly engage with previous means, be they factual, constructive, or exploratory. Because the contract between the marketing director and the hotel was formally recorded, the amusement park had constructive communication about their interest in the hotel property. Therefore, the park could not be a bona fide buyer at the time the deal was signed.

Know more about termination laws here

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