Recording Acts

Question 1

Common law recording rule

Answer 1

first in time, first in right

- common law rule applies unless recording act changes the result

Question 2

Notice act

Answer 2

protects subsequent bona fide purchasers for value who take without notice of the earlier transaction
- key words: “without notice” (and does not mention recording first)

Question 3

Race-notice act

Answer 3

protects subsequent bona fide purchasers for value who take without notice and are first to record
- key words: “without notice” and “first recorded”

*MI has this

Question 4

Pure race act

Answer 4

protects subsequent purchasers who are first to record

Question 5

Actual notice

Answer 5

grantee has actual knowledge of another’s interest

Question 6

Inquiry notice

Answer 6

if grantee would have examined the land, he would have realized that someone else had an interest in the land

Question 7

Record notice

Answer 7

interest is recorded in the chain of title

Question 8

Wild deeds

Answer 8

deeds that are recorded too early to too late

- do not give notice

Question 9

Shelter rule exception

Answer 9

allows traditional grantees who are not protected by the recording act to prevail