Bona Fide Definition

Latin for "good faith," it signifies the "real thing" and the lack of deceit. In the case of a party claiming title as bona fide purchaser or holder, it indicates lack of knowledge of any defect in title.

Bona Fide

Latin for "good faith," it signifies the "real thing" and the lack of deceit. In the case of a party claiming title as bona fide purchaser or holder, it indicates lack of knowledge of any defect in title.