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Simple English definitions for legal terms

Recording act

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A quick definition of Recording act:

A recording act is a law that says when someone buys or claims property, they have to record it with the government. This helps keep track of who owns what. The law also decides who gets priority if two people claim the same property. There are three types of recording acts: Race, Notice, and Race-Notice.

A more thorough explanation:

A recording act is a law that governs the process of recording deeds and other interests in property. It also determines the priority of claims made by different parties on the same property. There are three major types of recording acts: Race statute, Notice statute, and Race-notice statute.

A race statute gives priority to the party who records their interest in the property first. For example, if Party A sells their property to Party B, but Party A had already sold the same property to Party C, and Party C records their interest in the property before Party B, then Party C will have priority over Party B.

A notice statute gives priority to the party who records their interest in the property first, as long as they did not have notice of any prior claims made by other parties. For example, if Party A sells their property to Party B, but Party A had already sold the same property to Party C, and Party B records their interest in the property before Party C, but Party B had no knowledge of Party C's prior claim, then Party B will have priority over Party C.

A race-notice statute combines the features of both race and notice statutes. It gives priority to the party who records their interest in the property first and without notice of any prior claims made by other parties. For example, if Party A sells their property to Party B, but Party A had already sold the same property to Party C, and Party B records their interest in the property before Party C and without knowledge of Party C's prior claim, then Party B will have priority over Party C.

recording | recording acts

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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