A party who is not responsible for cleanup of contaminated property. Applies to a party who knew nothing about the contamination and had an investigation performed before the purchase.
Related information about innocent purchaser:
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An individual who, in Good Faith and by an honest agreement, buys property in the absence of sufficient knowledge to charge him or her with notice of any ...
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One who buys an asset without knowing of a flaw in the title or property. See bona fide purchaser . Previous: Inner City.
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I01 Web date: 11/15/2012. InnocentPurchaserInstructAndAffFORM.doc le-ins- innoc.pdf. I01 11/15/2012. Page 1 of 2. Department of Permitting ...
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Copyrights; Chapter 9. Protection of Semiconductor Chip Products] the term an innocent purchaser of a semiconductor chip product “is a person who.