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Waldorff Insurance and Bonding Inc. v. Eglin National Bank

Florida District Court of Appeal

453 So.2d 1383 (1984)

Summary
Procedural History
Judicial Opinion
Citations

A purchaser of real property gains an equitable interest at the contract's formation, even if the full price hasn't been paid. If a third party later acquires legal title with knowledge of the purchaser's interest, their legal title is subject to that interest.

Relevant Facts

Waldorff Insurance and Bonding Inc. (plaintiff) entered a contract for a condo unit with Choctaw, who later mortgaged the property to Eglin National Bank (defendant). Waldorff claimed ownership despite mortgages to Eglin.

Issue

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Holding & Reasoning

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Concurrence

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Dissent

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Last updated:

December 8, 2023

Judicial Opinion

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Procedural History

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Citations

453 So.2d 1383 (1984)

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