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IN RE KONOWITZ

No. 89-2638.

905 F.2d 55 (1990)

In re Edward D. KONOWITZ, Debtor. COMMONWEALTH MORTGAGE COMPANY OF AMERICA, Plaintiff-Appellant, Domino Management, Inc., Party in Interest-Appellant, v. Edward D. KONOWITZ, Defendant-Appellee.

United States Court of Appeals, Fourth Circuit.

Decided June 6, 1990.

Attorney(s) appearing for the Case

Mark H. Friedman, Friedman & Macfadyen, P.A., Baltimore, Md., for appellants.

John Randall Owen, Jr., John R. Owen, Jr. and Associates, P.C., Hyattsville, Md., for defendant-appellee.

Gary Greenblatt, Schwartz, Greenblatt & Rafferty, Baltimore, Md., on the brief, for appellants.

Before ERVIN, Chief Judge, and MURNAGHAN and WILKINSON, Circuit Judges.

MURNAGHAN, Circuit Judge:

Section 549 of the Bankruptcy Code authorizes a bankruptcy trustee to avoid any transfers of the debtor's property made after the filing of a petition for bankruptcy. A post-petition transfer of real estate made to a good faith purchaser, however, may only be avoided if proper notice of the petition is given "before such transfer is so perfected that a bona fide purchaser of such property, against whom applicable law permits such transfer...

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