LEGAL PROTECTION OF THE GOOD-FAITH PURCHASER IN ACQUIRING OWNERSHIP OF IMMOVABLE PROPERTY

This paper examines the legal protection of a good-faith purchaser in the acquisition of immovable property. Its central concern is the relationship between reliance on Public Registry entries, the protection of ownership rights, and the stability of civil transactions. Particular attention is paid to Articles 185 and 312 of the Civil Code of Georgia, the criteria for assessing the purchaser’s good faith, and the conflict between the purchaser’s interests and those of the true owner. The paper reviews the case law of the Supreme Court of Georgia, according to which, subject to certain prerequisites, a purchaser of immovable property may rely on information registered in the Public Registry. Special attention is also given to determining good faith where the purchaser knew, or ought to have known through reasonable diligence, that the registration was inaccurate.