Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

Race-notice statute

Read a random definition: adject

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
AngryMiniCar
10:15
Like some schools have a conditional scholarship that they take away from you at the drop of a hat and no faculty support in 1L so a lot of people get fucked. I know someone who got screwed by Western New England. Not saying that it is just that I wouldn't think of making it my go-to without digging into it.
10:23
Ok thank you!
10:35
check the 509 report, should show bar passage rate, employment data, and percent of students that retained their scholarship after 1L
lolla after show tickets used to be $20 and now they're fucking $70
I HATE U MUSIC INDUSTRY I HATE U LIVENATION
@GatorNation: are you trying to stay/go to florida for school?
Mostlylegal
11:43
im retiring from lsd yall,
Mostlylegal
11:43
thank you all for the laughs
Mostlylegal
11:44
let this be my formal termination notice
oh no
Mostly where are you going
hey alexa play you'll be black from hamilton
**back
NosyBeagle
12:13
hamilton but he frees the slaves and has to figure out what their racial demographics are for the census
12:17
has anybody compiled the transfer median gpas for law schools anywhere
12:18
instead of having to check each schools 509
12:24
@c0bra1: not that I've seen
12:24
lame
12:24
I think the transfer reddit had a spreadsheet at one point but it's a few years old
@NosyBeagle: I almost fell out of my chair
globalcitizen
13:46
Anyone read annihilation
NosyBeagle
14:40
@windyMagician: I'll be here all week
15:02
yo
15:02
i was training this new girl & she quit on second day
15:03
goin on 6 mo no word from notre dame
whenever someone has the free will to create a protein bar with a texture/appearance unlike an actual log of shit, pls someone send it to me
AngryMiniCar
16:51
any chance I'll improve RC just by hard drilling with no review? I honestly think I just have a reading problem atp
AngryMiniCar
16:51
Not even that I don't know how to answer questions. I think I'm simply not well read
@AngryMiniCar: they say the biggest thing for improving RC over time is just... reading. so yeah! go pick up some books. grab a harder one
@AngryMiniCar: doont worry, 99.9% are uncultured swine
LSD+ is ad-free, with DMs, discounts, case briefs & more.