Escrow & Title
The recording of a deed in the county recorder's office:
ATransfers ownership of the property
BProvides constructive notice of the owner's interest to the world✓ Correct
CCreates a lien on the property
DGuarantees clear title
Explanation
Recording a deed in public records provides constructive notice to all subsequent purchasers and lienholders. It does not transfer title (delivery and acceptance of the deed accomplishes that), but protects the grantee's interest.
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Related Arkansas Questions
- A deed recorded in the county recorder's office provides:Escrow & Title
- In a race-notice jurisdiction like Arkansas, a subsequent purchaser who records first AND has no notice of a prior unrecorded deed wins. This means:Escrow & Title
- Which type of deed provides the GREATEST protection to the grantee (buyer)?Property Ownership
- A general warranty deed provides the grantee with the strongest protection because it contains the grantor's covenant to:Escrow & Title
- In Arkansas, recording a deed provides:Escrow & Title
- Which type of deed provides the greatest protection to the grantee?Property Ownership
Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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