“Bona-fide purchaser for value without notice” Huh? So what?
Those words can save somebody when a 3rd person makes a claim of ownership adverse to theirs. Like the times when a seller sells the property twice. Who owns it when the first buyer didn’t record the deed yet? Generally, the second buyer if they record their deed first!
Recording laws are designed to give protection to an innocent 2nd buyer who has no notice of the 1st buyer’s claims.
As always, there are “exceptions” to the Rule.