The opinion recited a few basic legal concepts that apply to these types of cases: A “bona fide purchaser” for value who acquires his or her interest in real property without knowledge or notice of another’s prior rights or interest in the property takes the property free of such unknown interest. But any purchaser with actual or constructive notice of the prior interests takes the property subject to those prior interests. Actual notice is “express information of a fact,” while constructive notice is that “which is imputed by law.” Constructive notice of a lien or other interest in property arises from the proper recording of that interest. However, a bona fide purchaser has constructive notice of “only those matters that could be located by a diligent title search.”