Bona fide purchaser definition

Bona fide purchaser means a person who in good faith makes a purchase without notice of any outstanding rights of others.

Bona fide purchaser means a purchaser of property for value who was not knowingly a party to fraud or illegality affect- ing the interest of the spouses or other parties to the transaction, does not have notice of an adverse claim by a spouse and acted in the transaction in good faith.

Bona fide purchaser means a person or entity that has

Examples of Bona fide purchaser in a sentence

• When an action or defense is founded upon a written contract or release, lack of consideration for the promise or release is an affirmative defense, and the party asserting lack of it carries the burden of proof.(D) Bona fide purchaser.

• Bona fide purchaser rule is provided in Article of 311 of China Civil Code (to be effective from January 1, 2021).

• Scholars elaborate 5 key defences that are not cumulative: Change of Position, Agency/Ministerial receipt, Bona fide purchaser for value without notice, Counter- restitution, and illegality.

• A person who (i) receives a lien or encumbrance on the subject16 property after the City incurs abatement costs or enforcement costs and (ii) at the time he or she acquired the interest did not have actual or constructive knowledge of the City’s interest in the17 property.18 Bona fide purchaser.

• This doctrine includes any legal interest in land acquired for valuable consideration – fee simple, mortgage and leasehold.• Important criteria to apply:o Bona fide purchaser (in good faith) – a mortgagee satisfies this requirement or a transfer of valuable shares.

More Definitions of Bona fide purchaser

Bona fide purchaser means a purchaser of property for value who has acted in the transaction in

Bona fide purchaser means a purchaser for value in good faith and without notice of an adverse claim, including but not limited to an automatic lien arising pursuant to this subsection (1.5).

Bona fide purchaser means any Person (other than a selling Stockholder's Affiliate) who or which has delivered a good faith written offer to purchase such Stockholder's Stock for cash or Marketable Securities provided, however, that, such Person has the requisite financial resources necessary, in the reasonable opinion of the Board, to purchase and acquire such Stockholder's Stock.

Bona fide purchaser as used herein, shall mean a third-party independent purchaser, not an Affiliate of Lessee, who pays valuable consideration in good faith in an arms’-length transaction without intending to take or inadvertently taking unfair advantage of COLT or Lessee. The term “Affiliate” shall include any person, company, or entity, together with their principals, employees, , contractors, agents and/or assigns, who own or control twenty-five percent (25%) or more of the ownership interest of one another, and shall include the parent or subsidiary of Lessee, or the subsidiary of Lessee’s parent, whether or not wholly owned.

Bona fide purchaser means any person who purchases a mortgage in good faith and for valuable consideration and who does not know or have reasonable cause to believe that the lender or any agent of the lender engaged in mortgage lending fraud in violation of this section.

Bona fide purchaser means a person that purchases a residential real property from an equity purchaser:

Bona fide purchaser means, with respect to a proposed Transfer of Equity Securities, any transferee of Equity Securities who or which (a) is not an Affiliate of the Investor Stockholders and (b) has delivered a good faith written offer to purchase Equity Securities.