Wile v. Glenelg Homestead Ltd.
Payment of $1.00 in the quitclaim deed was nominal and not valuable consideration for purposes of s.18 of the Registry Act; therefore the respondent's prior conveyance (as reflected by the survey and parties' intent) has priority and the trial judge correctly ordered rectification of the Glenelg deed to reflect the surveyed property; post‑conveyance acts cannot supply consideration for an earlier conveyance and a deed under seal does not eliminate the need to prove valuable consideration for Registry Act priority purposes.
Source excerpt
- Priority of registered instruments
- Valuable consideration
- Bona fide purchaser for value without notice
- Rectification
- Deed interpretation
- Mortgage priority