Property Ownership

What is the main purpose of recording a deed in Missouri?

ATo make the transfer valid between grantor and grantee

BTo provide constructive notice of ownership to the public✓ Correct

CTo establish property tax liability

DTo obtain MREC approval

Explanation

Recording a deed in the county recorder's office provides constructive notice to the world that ownership has transferred. A deed is valid between the parties without recording, but recording protects against later claims.

People Also Study

Key Terms to Know

Deed

A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).

Deed of Trust

A security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.

Easement

A non-possessory right to use another person's land for a specific purpose.

Encumbrance

Any claim, lien, charge, or liability attached to real property that affects its value or limits its use.