WebThere are three types of recording statutes, depending on the state law: Race Statute. Under a race statute, the priority interest is the interest recorded first in time. Constructive notice … Webdeed evidencing his claim. In such a case, under a pure notice recording system, J, being the subsequent or junior grantee and being without notice of S's claim, would prevail. However, con-trary to the first hypothetical discussed, in this case the same result would be reached under a race-notice act. The reason for
Michigan Legislature - Section 565.201
WebJun 21, 2024 · The Recording Acts are state statutes that establish the keeping of official county records to track public land ownership. The Acts help settle conflicts of ownership … WebMay 31, 2024 · What is a race notice recording statute? A recording act that gives priority of title to the party that records first, but only if the party also lacked notice of prior unrecorded claims on the same property. See Notice statute and Race statute. property & real estate law. Does a mortgage have to be recorded to be valid? chevron accelerated learning
Code of Laws - Title 30 - Chapter 5 - Recording Generally
The record title holder is not necessarily the actual owner of the land if there are previous unrecorded deeds to it to others. The principal legal theory is that once a person has conveyed the title to his or her property (or some aspect of it) to someone, he or she has nothing left to transfer to any subsequent person. However, as a result of the various state recording acts, the courts will protect a bona fide purchaser who pays valuable consideration and does not have knowledge of t… Webnotice to an intending buyer sufficient to impose a duty to inquire about the possession. Despite the recording statutes and the assurance they give about the status of title, a … WebApproximate number of holders of record as of the certification or notice date: 242. Pursuant to the requirements of the Securities Exchange Act of 1934, Solar Integrated Roofing Corp. has duly caused this certification/notice to be signed on its behalf by the undersigned duly authorized person. good things are worth fighting for