Property Ownership, Transfer of Title and Land Use 10.2.2\ Flashcards
1
Q
Constructive notice is?
A
the legal presumption that information is available and may be obtained through due diligence. It includes properly recorded documentation and the physical possession of the property.
2
Q
Actual notice is?
A
direct or actual knowledge and includes knowing what has been recorded as well as personal inspection of the property.
3
Q
Priority of recorded documents is generally established by
A
Date, and time of recording. This issue can be very complex and may require legal advice.