bona fide (not comparable) 1  In good faith. 2  Genuine; not counterfeit.
What is a 'Debtor in Possession (DIP)' A debtor in possession (DIP) is a person or corporation who has filed for bankruptcy protection but still holds property that a creditor has a right to.  It is part of U.S. bankruptcy law and is the term used to describe a corporation that continues to do business while under Chapter 11 bankruptcy proceedings.
Answers. 1  Possession COE means Possession at Close of Escrow. Possession COE Tenant's Rights means that there is a tenant in the property who may have certain rights to occupy the property and your right of possession may be secondary to the tenant's rights.