VALUE IN THE CONTEXT OF DOCTRINE OF BONA FIDE PURCHASER FOR VALUE

Date06 February 2019

"What is the meaning of a ‘bona fide’ purchaser of the legal estate for value without notice?’ Bona fide is defined as "In good faith, honestly, without fraud, collusion, or participation in wrong doing". Purchaser for value.Purchaser in its technical sense does not necessarily imply purchaser for value.For value are included to show that value must be given to earn the immunity from equitable claimants. Value means any consideration in money, moneys worth (e.g. other lands, stocks and shares or...

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