Waldorff Insurance and Bonding Inc. v. Eglin National Bank
Florida District Court of Appeal
453 So.2d 1383 (1984)
Relevant factsFree
Waldorff (plaintiff) entered a purchase contract for a condo unit with Choctaw, who later mortgaged the same property to Eglin National Bank (defendant); Waldorff claimed ownership superior to the bank's mortgage interest based on its earlier purchase contract and physical possession of the unit.
IssueFree
Whether a purchaser of real property acquires equitable title when a seller and purchaser enter a purchase contract.