06-26-2014, 10:21 PM
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Who's flying this thing ?
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Join Date: May 2006
Location: N. California./ N. Nevada
Posts: 3,611
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You are probably a BFP!
Quote:
Originally Posted by Aquaticedge
I dont think I could bond it... We dont really know who it belongs to at this point. there might be a couple more peopel it traded hands with. right now it's parked off next to another car here I took the battery out and filled the Cylinders with oil... Those rear ones are a real birch to fill...this can take anywhere from 3-?? months to fix.. not worth going to jail over to drive it.
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Yes we do!!!
YOU own it. You are a bonafide purchaser for value.
" a bona fide purchaser for value without notice – is a term used 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. A BFP must purchase for value, meaning that he or she must pay for the property rather than simply be the beneficiary of a gift. Even when a party fraudulently conveys property to a BFP (for example, by selling to the BFP property that has already been conveyed to someone else), that BFP will, depending on the laws of the relevant jurisdiction, take good (valid) title to the property despite the competing claims of the other party
see more:
Bona fide purchaser - Wikipedia, the free encyclopedia
Go gettem tiger!
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 1991 560 SEC AMG, 199k <---- 300 hp 10:1 ECE euro HV ...
1995 E 420, 170k "The Red Plum" (sold)
2015 BMW 535i xdrive awd Stage 1 DINAN, 6k, <----364 hp
1967 Mercury Cougar, 49k
2013 Jaguar XF, 20k <----340 hp Supercharged, All Wheel Drive  (sold)
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