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BFPP
(redirected from Bona Fide Prospective Purchaser)

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AcronymDefinition
BFPPBona Fide Prospective Purchaser
BFPPBilateral Frontoparietal Polymicrogyria
BFPPBusiness and Financial Policies and Procedures
BFPPBound-Free Pair Production (physics of relativistic heavy ion collisions)
BFPPBangladesh Food Policy Project
BFPPBlack Forest Preservation Plan (Colorado, USA)
BFPPBreastfeeding Promotion Program
BFPPBen Franklin Partnership Program (Pennsylvania)


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to provide important liability protection for parties who qualify as bona fide prospective purchasers.
A bona fide prospective purchaser may have knowledge of the contamination and continue to purchase the property, but only after conducting all appropriate inquiries and performing the other continuing obligations.
Accordingly, prospective purchasers who do not conduct all appropriate inquiries may lose the ability to claim protection from CERCLA liabilities as an innocent landowner, bona fide prospective purchaser, or contiguous property owner.
 
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