Topical Terminology > Holder In Due Course
1 Definition
Holder In Due Course
For Holder In Due Course we have a term and definition in Real Estate.
Holder In Due Course (Real Estate) 
The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face; is taken before its due date and without notice of previous dishonor; and the holder has no notice of any defects in title of the transferor.
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