A registers a transfer of land that she purchased from B. Unknown to A, B had previously agreed to sell the same land to C, and C had paid B in full but did not register a caveat. In the absence of fraud on A's part, who has priority?
- AA, because registration vests indefeasible title and cuts off C's unregistered equitable…
- BC, because C's equitable interest was created first and C paid in full.
- CC, because A had constructive notice of C's purchase as B was no longer in possession.
- DThe court will split the land equally between A and C to achieve equity.