Author Question: This type of statute holds that the person who records first will have priority of title and is ... (Read 44 times)

bobbysung · **on:** Aug 3, 2018

This type of statute holds that the person who records first will have priority of title and is deemed the owner of the property, if that person does not have actual or constructive notice of a prior unrecorded deed:

a. Race-notice statute
b. Pure race statute
c. Pure-notice statute
d. None of the above

Question 2

Recording statutes are helpful in determining:

a. When the closing occurred
b. Priority of title
c. Brokers' commissions
d. Seller's equity in the property