PyrPatriot
Well-Known Member
yes, you can. It’s done all the time. Especially if there is no way to verify it.
Example: you pawn your watch. Pawn dealer doesnt have title to it but lists it in assets that secure a loan. Or sells it to another person. Either way, if someone paid value for it, becoming a bonafide purchaser, they get it, and you have to sue the pawn shop for its value.
but I am not a lawyer. I just remember specific instances in property/mortgage disputes like this
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