Escrow & Title
A Washington escrow company receives the recording confirmation. What is the significance of the recording date?
AIt is when the buyer takes physical possession of the property
BIt establishes the buyer's priority against subsequent purchasers and encumbrancers under Washington's race-notice recording act✓ Correct
CIt is when the seller receives their sale proceeds
DIt is when the title insurance policy becomes effective
Explanation
Under Washington's race-notice recording act (RCW 65.08.
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