lien on personal property and bona fide purchaser Forum
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- Posts: 273
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lien on personal property and bona fide purchaser
If there is a lien on personal property, such as a car, and the owner sells the car to a buyer but does not tell the buyer about the lien, what can the lien holder do? Could he repossess the car from the good faith buyer?
- BVest
- Posts: 7887
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Re: lien on personal property and bona fide purchaser
This is a secured credit question. There's a whole class about it. It depends on more facts not present here.
Last edited by BVest on Sat Jan 27, 2018 4:01 am, edited 1 time in total.
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- Posts: 273
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Re: lien on personal property and bona fide purchaser
well this came up in the notes of my property casebook. What are the general common law principles for this scenario?
- AnonymousAlterEgoC
- Posts: 248
- Joined: Tue Oct 08, 2013 9:13 am
Re: lien on personal property and bona fide purchaser
This isn't a common law question. It's a UCC Article 9 question, and you should not go down this road
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