A purchaser acquires Alberta land from a seller who obtained title through fraud. The purchaser had no knowledge of the fraud, paid fair value and registered the transfer. Under the Land Titles Act, what is the purchaser's legal position?
Correct Answer
D) The purchaser keeps title, and the defrauded owner may claim compensation from the Registrar
Section 183(1)(d) of the Land Titles Act lets a person deprived of land by fraud recover it only from the owner through fraud or from someone who did not take as a transferee in good faith for value, so an innocent purchaser for value keeps title. The defrauded owner, barred from recovering the land, may sue the Registrar for damages under s. 168, and any judgment or approved claim is paid out of the General Revenue Fund under ss. 175 and 180.
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A life estate is granted on an Alberta property. Which statement is correct regarding the life tenant's rights?
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