Recording a Deed Flashcards

1
Q

In order for a deed to be effective between purchaser and seller of real estate

A

the deed must be delivered by the seller with intent to transfer title

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2
Q

A effective deed

A

needs only the seller’s signature

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3
Q

Under the notice-race statue if a mortgagee failes to record it’s mortgage

A

a subsequent mortgagee who records will have superior interest if they did not have notice of prior mortgage

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4
Q

Under the notice-race statue a subsequent lender who loans money without notice of previous mortgage

A

has first priority over the previous mortgage

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