If a Purchaser of Land Is Engaged in a Fraud

question 4

Short Answer

If a purchaser of land is engaged in a fraud, will he be bound by unregistered land charges? If yes, what is the justification for this?

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Definitions:

Liquidated Debt

A debt of a specific, fixed amount that is acknowledged between parties or determined through a legal process.

Dispute

A disagreement, conflict, or controversy, often necessitating resolution through discussion, negotiation, or legal action.

Money Owed

Refers to funds that are due to be paid by one party to another under the terms of a contract or as a recognized debt.

Unforeseen Circumstances Rule

A principle in contract law that allows parties to a contract to be excused from fulfilling their obligations due to circumstances that were unforeseeable at the time the contract was made.