7.48 Understanding the Risk of Bona Fide Purchasers for Value

• Library: Real Estate Practice Deskbook (2019 Ed.)

2. (§7.48) Understanding the Risk of Bona Fide Purchasers for Value

Because title by adverse possession occurs by possession rather than by deed, there is no entry in the chain of title that provides notice of the adverse possessor's acquired interest. This unperfected title creates the risk that the prior record owner, or anyone else, will convey the property to a bona fide purchaser for value. If a bona fide purchaser for value pays (1) "valuable consideration" for the property, (2) with "no notice of

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