Carrie H. Suchar, Transferee, et al. - Page 11

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          the residence acreage, but she also was shown as a transferee on            
          the quitclaim deed, along with Carrie, with both Marilou and                
          Carrie thereafter owning the residence acreage as tenants in                
          common.  Thus, by this quitclaim deed Marilou effectively                   
          transferred her interest in the residence acreage to herself, and           
          Richard transferred his one-half interest therein to Carrie.                
               In connection with his transfer to Carrie of his interest in           
          the residence acreage, no consideration was received by Richard.            
          Susan did not participate in this transfer affecting the                    
          residence acreage, and none of the $45,892 in funds Susan                   
          provided in connection with the transfer of the farm acreage                
          related to the transfer involving the residence acreage.4                   



               4  Two months earlier, on July 17, 1998, without Susan’s,              
          Carrie’s, Tracy’s, and Deborah’s knowledge, Richard had executed            
          two quitclaim deeds purporting to transfer to Carrie, Tracy, and            
          Deborah his one-half interest in the farm acreage and to Carrie             
          his one-half interest in the residence acreage.  Although these             
          two quitclaim deeds were recorded with the Kennebec County,                 
          Maine, Registry of Deeds, no consideration was paid to Richard              
          for these quitclaim deeds, and copies of the quitclaim deeds were           
          not delivered by Richard to Carrie, Tracy, and Deborah.  On these           
          facts, the quitclaim deeds apparently would not have been                   
          effective under Maine law either to transfer Richard’s ownership            
          interest in the farm acreage to Carrie, Tracy, and Deborah or to            
          transfer Richard’s interest in the residence acreage to Carrie.             
               Respondent asserts that the transferee liability of                    
          Carrie, Tracy, and Deborah at issue herein arises under either              
          Richard’s July quitclaim deeds or under the September deeds.  We            
          consider Carrie, Tracy, and Deborah’s transferee liability only             
          under the September deeds, and hereinafter we generally disregard           
          Richard’s July quitclaim deeds.                                             






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