Escrow & Title
South Dakota's 'race-notice' recording statute protects a subsequent purchaser who:
ARecords their deed after another purchaser but had no notice of the prior transfer✓ Correct
BRecords their deed first regardless of notice of prior transfers
CHas actual notice of a prior transfer but records first anyway
DSimply pays fair market value for the property
Explanation
Under a race-notice statute, a subsequent purchaser is protected if they (1) take without actual or constructive notice of a prior unrecorded interest, AND (2) record their deed first.
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