Property Ownership

In Iowa, when a property is sold and the deed is delivered but not yet recorded, the transfer of title is:

ANot valid until recorded
BValid between the grantor and grantee even though not yet recorded✓ Correct
CVoidable by the grantor at any time before recording
DContingent on lender approval

Explanation

Title passes upon delivery and acceptance of the deed. Recording is not required for validity between the parties but is necessary to protect against subsequent bona fide purchasers under Iowa's recording statutes.

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