Basic Tracing Rules Flashcards
1
Q
1)
A
A plaintiff may follow (trace) her property into any other form or species into which it has been transmuted.
2
Q
2)
A
A plaintiff can trace into a bank account into which money is deposited even if the money is deposited into an account that already contains the ∆’s money.
3
Q
3)
A
A bona fide purchaser takes free and clear of the plaintiff’s claim for a constructive trust or equitable lien, but a donee or a purchaser with notice takes subject to the plaintiff’s rights
