good faith purchaser

noun

Legal Definition of good faith purchaser

: a purchaser who gives value for an asset in good faith and without knowledge of adverse claims

called also good faith purchaser for value

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Cite this Entry

“Good faith purchaser.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/good%20faith%20purchaser. Accessed 21 Oct. 2020.

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