Lawwly

Mosher v. Van Buskirk

New Jersey Court of Chancery

144 A. 446 (1929)

Relevant factsFree

William Mosher's land passed intestate to his adult children and two infant grandchildren as tenants in common; the adult heirs arranged for one of them, Elizabeth Van Buskirk (defendant), to buy the property at a partition sale, hold it in trust for the adult heirs only, and resell it privately at a better price -- deliberately excluding the infant grandchildren's interests. Van Buskirk bought the property for $5,000 under this plan, then sold two of the three tracts to Herbert Investment Company (defendant) for $15,000, which Herbert in turn sold under contract for $20,000; one adult heir (plaintiff), having second thoughts, sued seeking a constructive trust for all the heirs including the infant grandchildren, and Herbert counterclaimed to enforce its purchase contract.

IssueFree

Whether tenants in common owe one another a fiduciary duty to protect the common title.

Unlock the full brief

Free accounts read 20 full briefs. No card required.

Related cases