Property Ownership
In NJ, 'constructive notice' means a subsequent buyer is charged with knowledge of:
AOnly what they actually read and reviewed
BAny interest properly recorded in the public record, regardless of whether they actually searched it✓ Correct
COnly notices delivered by certified mail
DInformation posted on the property itself
Explanation
Constructive notice imputes knowledge of all properly recorded documents in the public land records to all subsequent parties, regardless of whether they actually performed a search. This is the legal basis for the recording system.
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Key Terms to Know
Abstract of Title
A condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
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