Practice Good Faith

You choose how you live

It's time to start your new life

“Good faith (Latin: bona fides), in human interactions, is a sincere intention to be fair, open, and honest, regardless of the outcome of the interaction. While some Latin phrases have lost their literal meaning over centuries, this is not the case with bona fides; it is still widely used and interchangeable with its generally accepted modern-day English translation of good faith.[1] It is an important concept within law and business. The opposed concepts are bad faith, mala fides (duplicity) and perfidy (pretense). In contemporary English, the usage of bona fides is synonymous with credentials and identity. The phrase is sometimes used in job advertisements, and should not be confused with the bona fide occupational qualifications or the employer’s good faith effort, as described below.”

For many people, buying a home is the largest transactions in one’s life.

The process involved can become quite intimidating and overwhelming.

It certainly affects your life after the transaction.

The wisdom here is to practice good faith in this transaction.

Be honest with yourself.

Choose an honest transaction.

courtroom, benches, seats

“In lawbona fides denotes the mental and moral states of honesty and conviction regarding either the truth or the falsity of a proposition, or of a body of opinion; likewise regarding either the rectitude or the depravity of a line of conduct. As a legal concept bona fides is especially important in matters of equity.[3][4] The concept of bona fide is also proclaimed by the original version of Magna Carta.[5] In contract law, the implied covenant of good faith is a general presumption that the parties to a contract will deal with each other honestly and fairly, so as not to destroy the right of the other party or parties to receive the benefits of the contract. In insurance law, the insurer’s breach of the implied covenant may give rise to a legal liability known as insurance bad faith.”

 

Practice good faith, you are protected by the common law.

Be honest with yourself about about  you want.

Choose your parties of transaction to be people who practice the same as you. 

When you seem to have no such good choice, you can wait or deal with it with appropriate caution.

When you are not sure, stop the transaction.

Have the right  lifestyle, you can make sure that the  transaction is a joy.