To achieve the status of a bona fide purchaser of real property without notice of adverse claims, the purchaser must conduct research with due diligence to see if the title it is planning to acquire is good, and heed any warning signs its research reveals. The purchaser may not ignore information that comes to it from outside the recorded chain of title, to the extent such information puts it on notice of information that reasonably brings into question the state of title reflected in the recorded chain of title. The duty to investigate includes researching whether the person purporting to convey the property for an LLC seller actually has the authority to act for the LLC, including reviewing the LLC’s operating agreement.