bo·na fide / ˈbōnə ˌfīd; ˈbänə/ • adj. genuine; real: only bona fide members of the company are allowed to use the logo.• adv. chiefly Law sincerely; without intention to deceive: the court will assume that they have acted bona fide.
[Latin, In good faith.] Honest; genuine; actual; authentic; acting without the intention of defrauding.
A bona fide purchaser is one who purchases property for a valuable consideration that is inducement for entering into a contract and without suspicion of being defrauded or deceived by the seller. He or she has no notice of any defects of the title. A bona fide purchaser pays in good faith full value for the property and, without any fraud, goes into possession.