Bona Fide Purchaser
Definition of "Bona fide purchaser"
Buyer who is acting in good faith, is not aware of any outstanding claims or rights of others to the property, and has given valuable consideration as part of the business transaction.
Popular Real Estate Terms
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Foreign-born individual not qualifying as a citizen of the country in which he or she resides. ...
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Date of the valuation of property, usually contained in a report. ...
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