Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Race-notice statute

Read a random definition: board of registration

A quick definition of Race-notice statute:

Race-notice statute: A law that says the person who records their ownership of a property first gets to keep it, but only if they didn't know about any other claims on the property that weren't recorded yet. This is different from other recording laws that only look at who recorded first, regardless of whether they knew about other claims or not.

A more thorough explanation:

Definition: The race-notice statute is a type of recording act that determines the priority of title to a property. It gives priority to the party that records first, but only if the party did not have any knowledge of prior unrecorded claims on the same property. This means that if two parties claim ownership of the same property, the one who records their claim first and did not have any knowledge of the other party's claim will have priority.

Example: Let's say that John and Jane both claim ownership of a piece of land. John records his claim on Monday, but Jane records her claim on Tuesday. However, John had no knowledge of Jane's claim when he recorded his. In this case, John would have priority over Jane because he recorded his claim first and did not have any knowledge of Jane's claim.

Another example: Sarah and Tom both claim ownership of a house. Sarah records her claim on Monday, but Tom records his claim on Tuesday. However, Sarah had knowledge of Tom's claim before she recorded hers. In this case, Tom would have priority over Sarah because he recorded his claim first and Sarah had knowledge of his claim before she recorded hers.

These examples illustrate how the race-notice statute works in determining the priority of title to a property. It emphasizes the importance of recording a claim as soon as possible and not having any knowledge of prior unrecorded claims to have priority over other claimants.

Race to the bottom | racism

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
LSD+ is ad-free, with DMs, discounts, case briefs & more.