- 12 - given by Steven only to undo the mistake of the first warranty deed. She concludes: “[T]here is no basis in fact for the assertion of Transferee liability against [her]”. IV. Discussion A. Introduction 1. Petitioner’s Defense Petitioner does not deny that Steven transferred the property to her. We interpret petitioner’s argument as interposing a defense to respondent’s claim of a fraudulent transfer; i.e., she, not Steven, was the beneficial owner of the property, and, if Steven held any interest in the property at all, he held it on her behalf, and he conveyed it to her by the second quitclaim deed. See Bender v. General Elec. Supply Corp., 117 Fla. 275, 157 So. 573 (1934) (fraud on creditor of husband not presumed where it is shown that property transferred to wife was purchased with money that was the separate property of the wife, husband who took title held it in trust for wife, and wife was, at all times, beneficial owner of property). Petitioner need not rely on her defense (and we will not further discuss it), since respondent has failed to carry his burden of proving a fraudulent transfer.Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next
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