Section 31 Bona Fide Purchaser
| Library | Remedies 2006 |
The remedy of rescission or cancellation will not be granted against a bona fide purchaser who purchases for value and who does not have notice of the grounds on which the claim of rescission or cancellation is made. Murphy v. Butler County, 180 S.W.2d 732, 735 (Mo. 1944); Morris v. Hanssen, 78 S.W.2d 87, 95 (Mo. 1934); In re Idella M.Fee Revocable Trust, 142 S.W.3d 837, 841 (Mo. App. S.D. 2004). The burden of proving that it is a bona fide purchase without notice is on the third party seeking the...
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