A purchaser in good faith acquires a protected title within three years.

The clause was not framed as an obligation on the vendor to negotiate with the purchaser in good faith.

In short, a subsequent purchaser in good faith wins only if he records before the prior purchaser does.

In addition, property transferred through breach of trust may be traced to any third party (other than a purchaser in good faith), even if they did not previously have a fiduciary relationship with the claimant.