Escrow & Title
Recording a deed in Oklahoma's county clerk's office provides:
AActual notice to all parties regardless of whether they searched the records
BConstructive notice imputed to all parties who search or should have searched the records✓ Correct
CProof of absolute ownership against all claims
DPriority over all prior unrecorded interests
Explanation
Recording a deed provides constructive notice — it puts the world on legal notice that the instrument exists, even if they have not personally seen it. Constructive notice protects subsequent purchasers and creditors who search the title records.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
Deed of TrustA security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.
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