good faith purchaser
- Someone who buys something without any awareness of any other parties' claims to it, and gives something of value in the process
- Even though there was a lien on the property, the good faith purchaser was protected because they were unaware of it when they bought the property.
- While selling the car, the seller failed to disclose that his brother also had an ownership stake, however the buyer, being a good faith purchaser, was unaffected.
- The law protects a good faith purchaser who unknowingly buys stolen property.
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