Contracts
What is the legal effect of recording a deed in North Dakota?
AIt creates a valid contract between buyer and seller
BIt provides constructive notice to the world of the grantee's ownership interest✓ Correct
CIt guarantees the title is free of all defects
DIt eliminates the need for title insurance
Explanation
Recording a deed in the county register of deeds provides constructive notice to all subsequent purchasers and lenders of the grantee's interest. North Dakota follows a race-notice recording act.
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