Transfer Of TitleRecording SystemHARD
Montana uses which type of recording system to protect against competing claims to real property?
Correct Answer
B) Notice
Montana uses a race-notice recording system. Under this system, a subsequent purchaser is protected against prior unrecorded interests only if they recorded first AND took title without notice of the prior interest. Both conditions — recording first and lacking notice — must be satisfied.
Answer Options
A
RaceB
NoticeC
Race-noticeD
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Related Topics & Key Terms
Related Topics:
constructive noticeactual noticechain of titlepriority of claimsgood faith purchaser
Key Terms:
race-noticerecording actconstructive noticeprioritygood faith purchaser
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