Five years ago, Megarry Inc owned a large piece of land. It subdivided that property into ten

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Five years ago, Megarry Inc owned a large piece of land. It subdivided that property into ten equal parts and sold three of them, as a single unit, to Cheshire Ltd. (Each of the three parts was individually described.) The transfer documents were immediately registered. Although Cheshire had initially intended to construct a number of warehouses on its new property, it soon developed economic difficulties. Since it no longer has any use for the property, Cheshire recently sold it to the Burns Corp. Shortly after that sale closed, Burns began to survey the land with a view to building a shopping mall. When Burns began construction, however, Megarry's lawyer sent a letter stating that her client still owned part of the property that Burns was in the process of developing. After some investigation, the parties agreed that Cheshire accidentally registered itself as owner of four parcels, rather than three. That mistake was overlooked, both at the time of the original sale and at the time of the recent resale by Cheshire to Burns. Who owns the disputed fourth section of the property? Do you require additional information to answer that question?

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Related Book For  answer-question

Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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