MLchartDataset catalogue

Bona fide purchaser

Term · Law · MLC-T-LAW-000760

An individual who buys property for value, in good faith, and without notice of any adverse claim, defect in title, or competing interest. Such a purchaser typically acquires good title to the property, even if the seller's title was voidable. This legal principle protects innocent buyers in commercial transactions.

Table 1. Record
IdentifierMLC-T-LAW-000760
FieldLaw
AbbreviationBFP
Record as JSON 
{
  "id": "MLC-T-LAW-000760",
  "term": "Bona fide purchaser",
  "field": "Law",
  "definition": "An individual who buys property for value, in good faith, and without notice of any adverse claim, defect in title, or competing interest. Such a purchaser typically acquires good title to the property, even if the seller's title was voidable. This legal principle protects innocent buyers in commercial transactions.",
  "abbreviation": "BFP",
  "url": "https://mlchart.com/terminology/law/bona-fide-purchaser/"
}

Record 563 of 5,441 in Law terminology (MLC-0107). Request the full dataset.