A person who acquires property by inheritance is generally not a bona fide purchaser for value.

Name: A person who acquires property by inheritance is generally not a bona fide purchaser for value.
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Question

Quizplus · Accepted Answer

A person who inherits property does not typically purchase it for value, but rather receives it as a result of a legal transfer upon the death of the previous owner. Therefore, they are not considered a bona fide purchaser for value.

A Person Who Acquires Property by Inheritance Is Generally Not