Innocent Purchaser definition
Innocent Purchaser means a property owner who purchased real property and who, at the time of purchase, had no knowledge that the real property was divided in violation of Pierce County Subdivision or Platting Regulations or that the real property contained unpermitted development. The burden of proof of innocence is on the property owner. Evidence that can be used to demonstrate innocence includes, but is not limited to, aerial photography, property tax records, real estate deeds, and real property transfer disclosure statements. [emphasis added]
Innocent Purchaser means an individual who has found by the City’s Hearing Examiner to have purchased real property for value and is also found to have had no knowledge of or complicity in the creation of a lot in violation of the provisions of this title. A purchaser applying for “innocent purchaser” status must provide the City with a statement, under oath, that he or she had no knowledge at any time prior to or during the sale that the lot had been or is being created in violation of the provisions of this title. (Ord. 53-02 § 2 (19A.04.190))
Innocent Purchaser has the meaning set forth in Section 11.10(c).
Examples of Innocent Purchaser in a sentence
If the Innocent Purchaser shall not have used one or more of the options described in the preceding clauses (i) through (iii) of this Section 11.10(c) within six (6) months after the default by the Defaulting Seller, then the Innocent Purchaser shall be deemed to have elected the option described in Section 11.10(c)(i).
If the Innocent Purchaser shall not have used one or more of the options described in the preceding clauses (i) through (iii) of this Section 11.13(c) within six (6) months after the default by the Defaulting Seller, then the Innocent Purchaser shall be deemed to have elected the option described in Section 11.13(c)(i).
More Definitions of Innocent Purchaser
Innocent Purchaser means a person who qualifies for the exemption from liability set forth in section 107(b)(3) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980, 42 U.S.C. § 9607(b)(3).
Innocent Purchaser means an individual who has purchased real property for value and states under oath that he or she had no knowledge at any time prior to or during the sale that the lot had been or is being created in violation of the provisions of this title.
Innocent Purchaser means an individual who has purchased real property for value, has not received actual notice that the lot has not been legally created as a separate lot, and has not previously been granted innocent purchaser status by the City. (Ord. O2010-284 § 2 (Att. A))
Innocent Purchaser status for the Buyer.