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necessary to satisfy his claim or (2) recover judgment against
the transferee for the lesser of the value of the asset
transferred or the amount of his claim. See. Fla. Stat. secs.
726.108(1)(a) and 726.109(2), respectively.
III. Arguments of the Parties
A. Respondent’s Argument
Respondent proposes that we find: “As to third party
creditors of Steven W. Van Aernam, he owned a fee simple interest
in the Pelican Avenue property as of July 25, 1995. [He] * * *
transferred his fee simple in the Pelican Avenue Property to
petitioner * * * on July 25, 1995.” Respondent argues that such
transfer of the Pelican Avenue property by Steven to petitioner
was fraudulent with respect to respondent under either Fla. Stat.
sec. 726.105(1) or sec. 726.106(1). As a result, respondent asks
that, in effect, we grant respondent a judgment in the amount of
$14,990, the value of the property (which value is less than the
amount of respondent’s claim), plus interest.
B. Petitioner’s Argument
Petitioner responds that, in fact, Steven never owned an
interest in the Pelican Avenue property. She proposes that we
find that, initially, she, not Steven, acquired the Pelican
Avenue property from the seller (Sandra L. Archer). She claims
that the first warranty deed (from Ms. Archer to Steven) was in
error, and the second quitclaim deed (from Steven to her) was
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