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CHAPTER 5

Good-Faith or Bona Fide Purchasers

Chapter 4, on bailments, explained that the bailee (possessor of the property belonging to another) is obligated to redeliver the property to the bailor or to the rightful or true owner. This chapter deals with the rights of the true owner against a third party if the bailee wrongfully sells the object to the third party. It also addresses the rights of the true owner against good-faith third-party purchasers who purchased from thieves or other persons with voidable title. From the good-faith purchaser's perspective, the issue is the risk she takes that she must return a purchased item to the true owner.

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