Specific Performance Denied Against Subsequent Bona Fide Purchaser.
Synthèse Legislator
Généré par l'IAAn individual, having contracted to purchase property under a promise to sell, sought to force the transfer of ownership after paying the full price, but the property owner refused to execute the final deed, instead selling the property to a third party who had knowledge of the prior agreement. The court upheld the rejection of the claim against the owner, reasoning that while the promise to sell constituted a present sale transferring ownership upon payment of the price, the subsequent sale to the third party, who was in good faith and had the property registered first, extinguished the original purchaser's right to claim the property, limiting the remedy to damages against the original seller.
Regeste Legislator
Généré par l'IASpecific Performance Denied Against Subsequent Bona Fide Purchaser: The court upheld the rejection of the claim against the owner, reasoning that while the promise to sell constituted a present sale transferring ownership upon payment of the price, the subsequent sale to the third party, who was in good faith and had the property registered first, extinguished the original purchaser's right to claim the property, limiting the remedy to damages against the original seller.