Property Transfer Restriction Validity
Synthèse Legislator
Généré par l'IAThe petitioner, subject to certain statutory restrictions on the transfer of a property interest, executed a deed that purported to transfer that interest, and the respondent, who acquired the property from the purported transferee, sought judicial declaration that the transfer was valid and effective under state law. The court reasoned that the transfer restriction, being a valid covenant running with the land, rendered the subsequent deed void because the grantor lacked the requisite authority to convey the interest, thereby affirming the validity of the restriction and invalidating the transfer.
Regeste Legislator
Généré par l'IAArt. 66 al. 1 LTF; Property Transfer Restriction Validity: The court reasoned that the transfer restriction, being a valid covenant running with the land, rendered the subsequent deed void because the grantor lacked the requisite authority to convey the interest, thereby affirming the validity of the restriction and invalidating the transfer.
Mots-clés
Généré par l'IADispositions légales citées
Généré par l'IADécisions connexes
Généré par l'IAQuestions juridiques clés extraites par Legislator
Généré par l'IAThe provision is cited in the final order to regulate the distribution of costs.
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