Transfer Of TitleRecording SystemHARD
Maine uses which type of recording statute to determine priority among competing claims to real property?
Correct Answer
B) Notice statute
Maine follows a notice recording statute (33 M.R.S. § 201). Under this system, a subsequent purchaser who pays value and takes title without notice of a prior unrecorded interest prevails over that prior interest, regardless of who records first. The key factor is whether the subsequent buyer had actual or constructive notice — not the race to record.
Answer Options
A
Race statuteB
Notice statuteC
Race-notice statuteD
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Related Topics & Key Terms
Related Topics:
recording-systemconstructive-noticebona-fide-purchaserchain-of-titlepriority-of-claims
Key Terms:
notice statuterecording statutebona fide purchaserconstructive noticepriority33 MRS 201
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