BFP
Slang for bona fide purchaser.
Category: Business, LLCs & Corporations → Buying or Selling a Business
Category: Real Estate & Rental Property → Buying a House

Nolo’s Plain-English Law Dictionary. . 2009.

BFP
USA
Innocent purchaser of property who purchases for value without notice of any other party's claim against the property. So long as a bona fide purchaser properly records the transaction, the bona fide purchaser takes good title to the property despite competing adverse claims. Those parties holding competing adverse claims may bring an action only against the party who fraudulently transferred the property to the bona fide purchaser.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


BFP
abbr. Bona fide purchaser.

Webster's New World Law Dictionary. . 2000.

BFP
n.
   slang for bona fide purchaser, which means someone who purchased something (e.g. a bond, a promissory note, or jewelry) with no reason to be suspicious that it was stolen, belonged to someone else, or was subject to another party's claim. The BFP must have paid a full and fair price and have received the item in the normal course of business, otherwise he/she might have some doubts ("wanta buy a watch, cheap?" from a character on a street corner).
   See also: bona fide purchaser

Law dictionary. . 2013.

Look at other dictionaries:

  • Bfp — {{{image}}}   Sigles d une seule lettre   Sigles de deux lettres > Sigles de trois lettres AAA à DZZ EAA à HZZ IAA à LZZ MAA à PZZ QAA à TZZ UAA à XZZ …   Wikipédia en Français

  • BFP — Dieser Artikel wurde in der Qualitätssicherung Religion eingetragen. Hilf mit, die inhaltlichen Mängel dieses Artikels zu beseitigen, und beteilige dich an der Diskussion …   Deutsch Wikipedia

  • Bfp — Dieser Artikel wurde in der Qualitätssicherung Religion eingetragen. Hilf mit, die inhaltlichen Mängel dieses Artikels zu beseitigen, und beteilige dich an der Diskussion …   Deutsch Wikipedia

  • BFP — The abbreviation BFP may refer to:*British First Party A Far Right British Nationalist Party. *Bona fide purchaser A term in Property Law *Batters Faced by Pitcher A statistic in baseball *Back focal plane *Born From Pain A Metalcore band from… …   Wikipedia

  • BFP — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom.   Sigles d’une seule lettre   Sigles de deux lettres > Sigles de trois lettres   Sigles de quatre lettres …   Wikipédia en Français

  • BFP — biologic false positive * * * BFP abbr biologic false positive * * * biologic false positive …   Medical dictionary

  • BFP — Blue Fluorescent Protein (Medical » Human Genome) * Basic Formula Price (Business » Accounting) * Bona Fide Purchaser (Business » International Business) * Big Fat Positive (Medical » Physiology) * Biological False Positive (Medical » Physiology) …   Abbreviations dictionary

  • bfp — ISO 639 3 Code of Language ISO 639 2/B Code : ISO 639 2/T Code : ISO 639 1 Code : Scope : Individual Language Type : Living Language Name : Beba …   Names of Languages ISO 639-3

  • BFP — abbr. BattleField Period …   Dictionary of abbreviations

  • BFP — • biologic false positive …   Dictionary of medical acronyms & abbreviations

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