Posted: 30 Dec 2009 at 16:26 | IP Logged
|
|
|
From what I understand, Race is the first to record wins. It doesn't matter if any parties had no notice or etc.
Race-Notice is the first to record wins.. unless that party had notice of prior transfers. If that party had notice, the second party to record will win. So the difference is that in Race, having or not having notice doesn't matter. For a Race-Notice statute, it's the first party who records AND doesn't have notice. Hopefully that helps.
__________________ BEC: Aug 09 - 86!
FAR: Oct 09 - 82!
AUD: Nov 09 - 87!
REG: Jan 10
Ethics: Passed
Becker 2009
----
phil 4:13
|