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BFPVBona Fide Purchaser for Value
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References in periodicals archive ?
The doctrine, properly regarded, appears to be closely analogous to that by which the equitable right to specific performance of a contract is enforced as against a subsequent holder of the property, not a bona fide purchaser for value, by a decree requiring him to make a conveyance in conformity to the contract, as well as to the doctrine that a trust may be enforced as against a purchaser from the trustee under like circumstances.
The proviso in section 27(b)(i) did not apply because Mr Levy could not show that he was a bona fide purchaser for value without notice.
It appeared that EDEA's argument was that EDEA was a bona fide purchaser for value, who took the premises free of the unrecorded lease.