Escrow & Title
Arizona's recording statutes provide that an unrecorded deed is:
AVoid and unenforceable against all parties
BValid between the original parties but may not be enforceable against subsequent bona fide purchasers who record first✓ Correct
COnly effective if notarized
DAutomatically recorded by the escrow company
Explanation
An unrecorded deed is valid between the grantor and grantee but does not provide constructive notice to third parties. A subsequent bona fide purchaser who records first (with no notice of the prior deed) will generally prevail.
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