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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 statute
B
Notice statute
C
Race-notice statute
D
Torrens system

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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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