### Question
Can you define what bona fide purchaser means?


### Answer
**Bona fide purchaser** is defined as the following in *12 U.S.C. § 3752*:

> a purchaser for value in good faith and without notice of any adverse claim, and who acquires the security property free of any adverse claim

#### Citation:
  - *12 U.S.C. § 3752*
  - Heading: **CHAPTER 38A-SINGLE FAMILY MORTGAGE FORECLOSURE**

