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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 ...
As with any industry, there are real estate definitions (homestead, quit-claim) and a set of acronyms (DOM, CMA) that might seem a bit Real Estate Definitions Every Seller Should Know Skip to main ...
BFP — Bona fide purchaser; Bla.Com. or Bl. Com. — Blackstone's Commentaries on the Laws of England; BLLR – Butterworths Labour Law Reports (South Africa) b/o — behalf of, on behalf of; see also o/b/o; BR or B/R — Bankruptcy (also the abbreviation for the United States bankruptcy courts reporter, West's Bankruptcy Reporter)
Cold filter plugging point (CFPP) is the lowest temperature, expressed in degrees Celsius (°C), at which a given volume of diesel type of fuel still passes through a standardized filtration device in a specified time when cooled under certain conditions. This test gives an estimate for the lowest temperature that a fuel will give trouble free ...
A real estate transaction is the process whereby rights in a unit of property (or designated real estate) are transferred between two or more parties, e.g., in the case of conveyance, one party being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the complexity of the property rights being transferred ...
In 1967, the Outrigger Waikiki On The Beach hotel opened, the first to carry the Outrigger name. During the 1970s, Outrigger grew into a chain of Hawaiian hotels. In 1982, the company purchased the Prince Kuhio Hotel, its first luxury property. By 1986, Outrigger became the largest hotel chain in Hawaii when its room count reached over 7,000.
Under the statute of uses, modern real property law disregards this subtle distinction. [citation needed] A bargain and sale deed is especially used by local governments, fiduciaries such as executors, and in foreclosure sales by sheriffs and referees.
A broker's price opinion (BPO) is a report that is performed by a licensed real estate agent, broker. or appraiser.A BPO is an informal appraisal. It is similar to doing a CMA (Comparative Market Analysis) but most times the real estate professional gets paid to do a BPO.