OWNERSHIP: SECTION 15, RECORDING DOCUMENTS Flashcards
What are the two reasons a buyer or grantee should record their deeds at the county courthouse?
1) To establish priority
2) To provide constructive notice
Is recording of a deed at the County Courthouse necessary?
No, The deed becomes valid at the time it is delivered and accepted.
Describe “TO ESTABLISH PRIORITY”
To avoid grantor from selling the same property to someone else. They could record the deed before the first buyer and actually be entitled to the property.
Describe “TO PROVIDE CONSTRUCTIVE NOTICE”
A person responsible for knowing facts because of the recording of the deed to a property.
Although a deed does not have to be recorded to be valid, if you want to record it, you would have to go before a?
NOTARY PUBLIC
- A notary public is required to acknowledge that it is a voluntary act before it can be recorded.