A bona fide purchaser for value would take subject to which of the following claims?
A) Unrecorded mortgage
B) Rights of party in possession of the property
C) Unrecorded easement
D) Civil suit for collection of a debt against the seller of the property.

Question

Quizplus · Accepted Answer

A bona fide purchaser for value takes subject to the rights of a party in possession of the property. This means that if someone is already living on or using the property, their rights to continue to do so would be respected even if not recorded. The other options (unrecorded mortgage, unrecorded easement, civil suit for collection of a debt against the seller) would not be binding on a bona fide purchaser for value if they were not recorded prior to the purchase.

A Bona Fide Purchaser for Value Would Take Subject to Which