There must be a delivery to the subsequent purchaser of the goods or documents of title.

The subsequent purchaser must be 'in good faith and without notice of the previous sale.'

A race-notice statute requires a subsequent purchaser to be bona fide and record first.

"Neither the bankruptcy court or any subsequent purchaser would be entitled to affect the rights of rent-regulated tenants."

A subsequent purchaser in 1948 was the Eastern Military Academy, which occupied it until 1978 when the school went bankrupt and moved out.

In order for a security interest to attach to the collateral in the possession of subsequent purchasers, it must be perfected.

The same would hold true, he said, for any subsequent purchasers of the apartment.

However, for the subsequent purchaser to acquire good title under this provision there are different requirements to be fulfilled:

This act provides absolute protection to original and subsequent purchasers and sellers of securities.

The rationale is that the first purchaser should have more equity and subsequent purchasers receive a diluted share.