Question: A conveys Whiteacre to B on May 1. B does not record his deed and does not take possession of Whiteacre. On May 5, A
A conveys Whiteacre to B on May 1. B does not record his deed and does not take possession of Whiteacre. On May 5, A sells Whiteacre to C, delivering a deed to Whiteacre in exchange for C's payment of the purchase price. When C pays the purchase price, he has no notice of A's prior conveyance to B. On May 6, B records his deed. On May 7, C records his deed.
(a) Who owns Whiteacre under (1) a race statute, (2) a notice statute, or (3) a race-notice statute?
(b) Suppose neither B nor C has recorded his deed, and it's now May 31. Who owns Whiteacre under each of the three types of statutes?
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
