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Simple English definitions for legal terms

Race-notice statute

Read a random definition: subordinate legislation

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.

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goofy-goober
15:36
I just wanna see my results man, waiting is so painful :~(
any word on scalia or any school lol
oakenrays
15:52
scalia is dead fortunately
oakenrays
15:52
law schools are coming out slowly but surely
HopefullyInLawSchool
16:03
@UnderRepresentedTryhard: Yes only for YM applicants tho
RoaldDahl
16:05
dodged the mich r wave what does this mean
HopefullyInLawSchool
16:06
it means you will not be rejected today and may be accepted or WL in the future
Just got my Michigan rejection
BookwormBroker
16:10
same
RoaldDahl
16:10
@HopefullyInLawSchool: what if i already got rejected. does it mean anything
HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
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