Recording Statutes

Question 1

Florida recording act

Answer 1

Florida has a pure notice recording act which protects the subsequent bona fide purchaser.

Question 2

Bona fide Purchaser

Answer 2

To be a bona fide purchaser, a subsequent party must give value and have no notice of the prior conveyance at the time of her transaction.

Question 3

Forms of notice

Answer 3

1. Actual: literal knowledge
2. Inquiry: what physical or title inspection could have revealed – buyer has the duty to inspect,
3. Record: notice of deeds properly recorded in the chain of title.