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LSDefine

Simple English definitions for legal terms

bona fide emptor

Read a random definition: Federal Mine Safety and Health Review Commission

A quick definition of bona fide emptor:

Bona fide emptor means a good-faith purchaser who buys something for money or other valuable consideration without knowing about any other claims or defects in the property. This person has a superior right to the property and is not affected by any fraud or claims against the seller's title. It can also refer to someone who acquires real property by means other than descent, gift, or inheritance.

A more thorough explanation:

Bona fide emptor is a Latin term that means "good-faith purchaser." It refers to someone who buys something for value without knowing about any other claims to the property or any defects in the seller's title. In other words, they buy something in good faith, without any knowledge of any problems with the purchase.

For example, if you buy a used car from a dealership and later find out that the car was stolen, you may not be considered a bona fide emptor because you should have done your due diligence to make sure the car was not stolen before buying it. However, if you buy a house from someone who has a clear title to the property and later find out that there was a lien on the property, you may be considered a bona fide emptor because you had no way of knowing about the lien.

In legal terms, a bona fide emptor has a superior right to the property they purchased, even if there are other claims against the seller's title. This means that they are protected from any fraud committed by the seller against a third party.

bona fide contract | bona fide holder for value

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jackfrost11770
13:56
I got a UR when I emailed themc
jackfrost11770
13:56
But it would be nice to have something at least
lilypadfrog
13:56
like whether the date changes. is that actually indicative of something. I feel like people have said they got in without a second date change
jackfrost11770
13:56
I just cannot believe I thought I would have more or less of an idea where I'd be going to law school by end of January
13:56
went complete at penn a month ago with still no UR
jackfrost11770
13:56
How was that too ambitious of a thought
jackfrost11770
13:57
March at the very least atp
13:57
@llama: thank you!!! 44 apps thats crazy dude
Trismegistus
13:57
jack me too buddy
lilypadfrog
13:57
@info-man: I applied like a week before you and just went UR a couple days ago you’ll get there in a minute
13:57
I'm actually never gonna hear from BU
13:57
definitely not ambitious at all. this cycle's turning out to be as slow as the last one probably due to high app volume
13:57
@lilypadfrog: okay cool good to know
13:58
i really think they should push back seat deposits to june
13:58
its unfair
jackfrost11770
13:58
Recent boo I applied to BU in Oct
13:59
I've been complete since mid Sept:(
13:59
If I knew I would still be waiting in January I probably wouldn't have applied so early
jackfrost11770
14:00
Me neither
jackfrost11770
14:00
Someone applied to nyu in December and got today
jackfrost11770
14:00
I mgoikg to lose my fucking mind
14:01
re seat deposit: does any1 know if u can request to delay 1st seat deposit? some school are really early it seems
[] starfishies
14:02
if they delayed decisions we should be able to delay deposits... but we do not live a perfect world so i doubt it
lilypadfrog
14:03
yeah you can request an extension. usually it’s like a week though
14:03
i need tips for not falling asleep at work
drugs
14:03
can we talk about something interesting like i dont know drugs sex death
ReminiscentZestyFish
14:04
Everyone admitted to penn looks like above medians
14:04
time to harass glove on linkedin
lilypadfrog
14:06
that’s a good way to stay awake. tell him to come back here
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