What is The Doctrine After Acquired Title?

Answer Provided by: Christie Lohmann

The Doctrine After Acquired Title is:

When Party A sells property to Party B, yet Party A does not actually have title to said property. Then Party A buys property from Party C, the true owner of said property, leaving Party B out the money given to Party A and Party A the true and actual owner of said property now.

 

 

A simple example of this would be:

Mr. Jackson sells Mr. Smith a home on 10 acres of land for $100K. However, Mr. Jackson does not actually own the said property, but instead takes the $100 that Mr. Smith has given him and then purchases the property from the true owner for $95K. Now Mr. Jackson is the true owner of the property and Mr. Smith is out $100K because, the title, when sold to Mr. Smith was not in Mr. Jackson’s name.

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A little more about, Christie Lohmann

I was born and raised in a small town south of Houston, Tx.  I am married to Westley Lohmann, Westley was born in New Jersey, NY and came to Tx when he was 13.

We have 5 children together. I have 3 children, 24, 14, & 13 – Westley has 2 children, 24 and 23.

We now have 2 grandchildren, both the age of 2.

And we just recently took over guardianship of a 16 year old boy, who is a friend of my son’s.

We have been working together, side by side over the past year. We enjoy traveling, for work or pleasure. I home-school my two youngest children so they go everywhere we do. They get history and geography lessons first hand this way.

We really don’t have hobbies, because we are both focused on work and the kids.

A recent comment was sent in on the above answer:

A legal doctrine under which, if a grantor conveys what is mistakenly believed to be good title to land that he or she did not own, and the grantor later acquires that title, it vests automatically in the grantee.

………..So you see, contrary to what Ms. Lohman expressed….her “party B” would keep title to the property even if “party A” proceeded to acquire “good” title subsequent to the original purchase by “party B”. In fact, this process would further secure the title by most standards for “party B.”

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