Anderson v. Graham Investment Co.

ROGOSHESKE, Justice.

Patricia Arnold, formerly Patricia Horst-man, and her first husband, Thomas Horst-man, sold equitable interests in three subdivided metes-and-bounds parcels from a vacant, unoccupied, 63.45-acre tract of lake-shore property to three different purchasers. Patricia Arnold later sold the equitable interest in the entire tract to another party. Following a court trial, judgment was entered awarding title to the equitable interest in the entire tract to the other purchaser, Sandra Sue Anderson, upon a finding that she was a subsequent bona fide purchaser whose conveyance was…