Escrow & Title
Iowa's recording system (race-notice statute) protects a subsequent purchaser who:
ARecords first regardless of notice of prior conveyances
BRecords first AND had no notice of the prior unrecorded conveyance✓ Correct
CHas actual notice of a prior conveyance but records before it
DPays the highest price for the property
Explanation
Iowa follows a race-notice recording statute: a subsequent bona fide purchaser is protected against a prior unrecorded interest if they (1) had no notice (actual, constructive, or inquiry) of the prior interest AND (2) record their instrument first.
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