Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
bona fide purchaser for value
One who purchases legal title to real property, without actual or constructive notice of any infirmities, claims, or equities against the title. Generally, a bona fide purchaser for value is not affected by the transferor's fraud against a third party, and has a superior right to the transferred property as against the transferor's creditor to the extent of the consideration that the purchaser has paid. - Also termed innocent purchaser for ualue.
bona fide purchaser for value.
See PURCHASER (1).
innocent purchaser for value
See bona fide purchaser for value under PURCHASER.
purchaser for value
A purchaser who pays consideration for the property bought.