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Simple English definitions for legal terms

innocent purchaser for value

Read a random definition: common-law pleading

A quick definition of innocent purchaser for value:

An innocent purchaser for value is someone who buys something for money or other valuable things without knowing that someone else has a claim to it. They are not affected by any fraud or problems with the seller's ownership of the item. A purchaser for value is someone who pays for the thing they are buying.

A more thorough explanation:

An innocent purchaser for value is someone who buys property for money or other valuable consideration without knowledge of any defects or claims against the seller's title. This person has paid for the property in good faith and without notice of any prior adverse claims. They are also known as a bona fide purchaser for value or a good-faith purchaser.

For example, if John sells a car to Jane without disclosing that the car was stolen, and Jane had no reason to suspect that the car was stolen, she would be considered an innocent purchaser for value. She paid for the car in good faith and without knowledge of any defects in the seller's title.

Another example would be if a person buys a house from someone who claims to be the rightful owner, but it turns out that the seller was not the owner and had no right to sell the property. If the buyer had no knowledge of this fact and paid for the property in good faith, they would be considered an innocent purchaser for value.

innocent purchaser | innocent spouse

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oh i was just lisenting to him on the car ride hnome
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OMG U MEAN A NEW ALBUM OMGG NOW I CAN BE DISTRACTED AGAIN
shaquilleoatmeal
17:14
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MRS CLITTERUS
JumpySubsequentDolphin
17:17
I’ve barely gotten through chromakopia I can’t deal with another album drop rn
JumpySubsequentDolphin
17:17
this is so stressful
wait but actually is there no wave today
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JumpySubsequentDolphin
17:18
idk splitty :(
if there's no gtown today that would be so cruel
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I'm a chromokopia fan, but I don't like Tyler outside of that album
theres the spirit!!
JumpySubsequentDolphin
17:18
@SplitterusClitterus: did you like cmiygl? that’s one of my all time fave albums
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babycat
17:19
liking chromakopia and not Tyler's other stuff is crazy to me
JumpySubsequentDolphin
17:19
perhaps im biased bc i saw him live when he performed cmiygl for the first time
i think it is a controverisal take and i usually do too, i also think im giving an opinion too early cuz i habvent finished it at all
yeah seeing him live prob makes it a million times better
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JumpySubsequentDolphin
17:21
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even outside the beef. Noid is great too
JumpySubsequentDolphin
17:22
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JumpySubsequentDolphin
17:22
and i LOVE boogie
JumpySubsequentDolphin
17:23
like i would do anything for one chance w that man but better off alone and me vs myself were both not good
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