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A bona fide purchaser (BFP) – referred to more completely as a bona fide purchaser for value without notice – is a term used predominantly in common law jurisdictions in the law of real property and personal property to refer to an innocent party who purchases property without notice of any other party's claim to the title of that property ...
Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
The shelter rule is a doctrine in the common law of property under which a grantee who has received an interest in property from a bona fide purchaser will also be protected as a bona fide purchaser, even if the grantee would not legally qualify for this status. The grantee is "sheltered" from other claims by the grantor's status as an actual ...
Hawaii's real estate market is telling a complex story. While property values have stayed stubbornly high, transaction volumes have hit a 25-year low, according to Bryan Murphy, owner of Hawaii's ...
Now, Reynolds, along with the real estate agent, the construction firm, the architect, the prior property owner’s family and the county — which approved the permits — are reportedly being ...
Registered title to land is guaranteed by the State (and a special trust fund) to be solid ("good against the whole world") and is rarely challenged. Original applications to register new land parcels have become rare in Hawaii in recent years. It is possible, under a Hawaii statute, to take land out of the Land Court system into the Regular ...
The Facebook founder and billionaire Mark Zuckerberg came under scrutiny in 2017 when he attempted to integrate property titles that had been established by the Kuleana Act into a 700-acre (280 ha) estate, which he intended to assemble in Hawaii by using quiet title lawsuits to establish the ownership of ambiguously-titled parcels of land. [3]
Gov. Josh Green used emergency power Wednesday to help a pair of state government insurance carriers sell policies to Hawaii condominium projects in an effort to relieve many condo owners from ...