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LSDefine

Simple English definitions for legal terms

recording acts

Read a random definition: in detrimentum animi

A quick definition of recording acts:

Recording Acts: The recording acts refer to the laws that govern the recording of real estate transactions. When someone buys or sells property, the transaction is recorded in public records. This helps to establish who owns the property and protects the rights of the parties involved. The recording acts vary by state, but they generally require that certain information be included in the recording, such as the names of the parties involved and a legal description of the property.

A more thorough explanation:

The recording acts refer to the laws that govern the recording of real estate transactions. These laws require that certain documents related to the transfer of property ownership be recorded in a public registry, usually at the county level. The purpose of recording acts is to provide notice to the public of changes in property ownership and to establish a priority system for competing claims to the same property.

For example, if John sells his house to Jane, the deed transferring ownership must be recorded in the public registry. If John later tries to sell the same house to Bob, Bob's claim to the property would be inferior to Jane's claim because her ownership was recorded first.

Another example is a mortgage. When a borrower takes out a mortgage on a property, the mortgage is recorded in the public registry. This gives notice to potential buyers or lenders that the property is encumbered by a mortgage and establishes the priority of the mortgage holder's claim to the property.

Recording act | Recording statute

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starfishies
16:25
@Mostlylegal: yep i got 4/1 i applied early dec (it was my last app) and @Jupiter i really have an overall positive view of the school if you ever need positive confirmation for them
Mostlylegal
16:32
lets hope friday is our day, i just got mine tday
16:35
can i ask an lsat question rq?
Mostlylegal
16:37
sure
starfishies
16:38
yep hoping for some straggling decisions before the 4/15 deposit deadline but ill be alright if not
any guesses on the next wave for loyola chicago?
Looks like no waves td
captaincringe
18:16
Just got a WL email from Loyola Chicago a few mins ago. Good luck!
MrThickRopes
18:42
fo pm gon come thru 4 us tmrw
starfishies
18:43
absolutely
HumdrumSoreGecko
18:52
Any SMU waves soon? App status updated but nothing yet :)
19:15
2.9/17high splitter best shot?
19:15
2.9/17high splitter best shot?
MrThickRopes
19:35
bro got a 2.9 bro is NOT the thinker
starfishies
19:37
thats not nice
19:39
im dead😂
19:40
MrThickRopes
starfishies
19:40
washu would want u ;-;
19:41
Thank u!
[] c0bra1
20:40
is nyu doing tuesdays instead of wednesdays now
MrThickRopes
23:12
fuuuckkkk
MrThickRopes
23:12
mr thick. ropes is . wasteddddd
Just wnna say im proud of everyone who applied to schools this year! You’re amazing!!
Hi guys quick question
Has anyone applied to Jacksonville ?
Jacobdoeshisbest
1:24
Hi
whats up yall i have noone to tell that I just got a 169 on a practice test and I am so proud of myself. that's all
@DirtyQuackYak: Congrats but that's not good enough. 173 is the new 170 so do the math. Buckle up.
@CheerfulSpikyVole: Nah, no one would apply to that school that hangs around here.
@MrThickRopes: sounds like the next Dkk.
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