New York Court of Appeals

Ira Seymour, Respondent v. Alexander McKinstry, Jr., Appellants

June 7, 1887106 N.Y. 230

Summary

The Court of Appeals affirmed the judgment for the vendor, holding that the vendor's equitable lien for unpaid purchase‑money is a first lien superior to the mortgage assigned to Sabey, that McKinstry was not a bona fide purchaser, that Sabey had notice of the vendor's equitable rights and therefore is not a BFP, and that the vendor is not estopped from asserting his lien despite having conveyed title to his son.