Contracts
In Indiana, if a seller sells a property to two buyers (double conveyance), who prevails?
AThe first buyer who signed a contract
BThe party who first records their deed, if they had no notice of the prior conveyance (Indiana recording act)✓ Correct
CThe buyer who paid a higher price
DThe seller decides who gets the property
Explanation
Indiana follows a race-notice recording statute. If a seller conveys property to two buyers, the one who first records their deed without notice of the prior conveyance prevails — providing an incentive for prompt recording.
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