Recording Statutes

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

In order to prevail over a prior grantee under a notice statute, when must a subsequent bona fide purchaser record?

A bona fide purchaser will prevail over a prior grantee under a notice statute without ever recording

Which of the following parties cannot be protected as a bona fide purchaser of land?

A devisee of the land

Which of the following parties would be entitled to prevail against a prior transferee under "notice" and "race-notice" statutes?

A mortgage for value

In order to prevail over a prior grantee under a race statute, when must a subsequent transferee record?

Before the prior grantee records

In order to prevail over a prior grantee under a race-notice statute, when must a subsequent bona fide purchaser record? In order to prevail over a prior grantee under a race-notice statute, when must a subsequent bona fide purchaser record?

Before the prior grantee records

A conveyance of an interest in land shall not be valid against any subsequent purchaser for value, without notice thereof, unless the conveyance is recorded (BFP wins!)

Notice

A recording act that provides: "Any conveyance of an interest in land, other than a lease for less than one year, shall not be valid against any subsequent purchaser for value, without notice thereof, unless the conveyance is recorded," is a __________.

Notice

No conveyance or mortgage of an interest in land is valid against any subsequent purchaser for value without notice thereof, unless it is recorded."

Notice

Under a __________ statute, a subsequent purchaser who pays valuable consideration and takes without notice of the prior conveyance prevails over a prior grantee who failed to record.

Notice

"No conveyance or mortgage of an interest in land is valid against any subsequent purchaser whose conveyance is first recorded."

Race

Under __________ statute, a subsequent transferee with notice of a prior conveyance can prevail over the prior grantee.

Race

"No conveyance or mortgage of an interest in land is valid against any subsequent purchaser for value without notice thereof whose conveyance is first recorded."

Race-Notice

Any conveyance of an interest in land shall not be valid against any subsequent purchaser for value, without notice thereof, whose conveyance is first recorded (BFP and 1st record wins!)

Race-Notice

Under a __________ statute, a subsequent purchaser who pays valuable consideration, takes without notice of the prior conveyance, and records before a prior grantee prevails over the prior grantee.

Race-Notice


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