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Therefore, it behooves purchasers and mortgage lenders to record their deeds or mortgages, respectively, to prevent this outcome. Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office.
The term statute of frauds comes from the Statute of Frauds, an act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins [2] and passed by the Cavalier Parliament), the long title of which is: An Act for Prevention of Frauds and Perjuries.
Arkansas Act 372 was signed by the Arkansas governor on March 31, 2023. [1] Sections one and five of Arkansas Act 372 expose librarians and booksellers to criminal penalties, [ 2 ] which includes up to a year in prison, in the case they distribute materials such as books , magazines , and movies deemed "harmful to minors."
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
Because of that, creditors often have to rely on circumstantial evidence of fraud. To prove actual intent, the courts have developed "badges of fraud", which, while not conclusive, are considered by the courts as circumstantial evidence of fraud: [4] [full citation needed] becoming insolvent because of the transfer; lack or inadequacy of ...
About 5.4 million Americans reported losing a total of $10 billion to the FTC to scams and fraud in 2023. More than 880,400 people reported losing over $12.5 billion under similar circumstances to ...
Arkansas is also working with other state attorneys general considering civil action against Joseph Schwartz, says a person familiar with the discussions. Arkansas charges former nursing home ...
A bona fide purchaser (BFP) – referred to more completely as a bona fide purchaser for value without notice – is a term used predominantly in common law jurisdictions in the law of real property and personal property to refer to an innocent party who purchases property without notice of any other party's claim to the title of that property.