"The exception to this rule is a "bona fide purchaser for value without notice". If someone has no reason to believe that property is stolen and buys it, then it's their property now. So sorry."
This rule only applies in some law systems. Where I live you need both to perform all the reasonable checks and 3 years time to become the owner of the stolen property.
If the original owner shows up before 3 years have passed then you have to get back whatever you have bought. This happens even if you have performed all of the reasonable legitimacy checks.
One exception is land registration - entries in the public land register (even those obtained illegally) protect the purchasers from claims by the original owners (this does not apply to bad faith buyers.)
This rule only applies in some law systems. Where I live you need both to perform all the reasonable checks and 3 years time to become the owner of the stolen property.
If the original owner shows up before 3 years have passed then you have to get back whatever you have bought. This happens even if you have performed all of the reasonable legitimacy checks.
One exception is land registration - entries in the public land register (even those obtained illegally) protect the purchasers from claims by the original owners (this does not apply to bad faith buyers.)