Term
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Definition
| a formal declaration made before some public officer, usually a notary public, by a person who has signed a deed, mortgage, or other instrument, that the instrument is his or her voluntary act or deed |
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Term
| Certificate of Acknowldegement |
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Definition
| the officer before whom this declaration is made attaches a certificate to the instrument or fills i the printed form of certificate that appers on virtually all deeds, mortagaes, and oter docs needed to be recorded |
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Term
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Definition
| a written statement made under oath...goes to the truth of the matters there set in |
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Term
| What do recording laws provide? |
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Definition
| until recorded, a deed, mortgage, or other instrument conveying an interest in real property is ineffective and void as to subsequent purchases or mortgages of the same land. |
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Term
| Two effects of the recording law |
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Definition
- They protect a purchaser or mortgagee who acts in ignorance of an earlier unrecorded deed or mortgage
- Provide that if a deed or mort is recorded, all persons who thereafter deal with the property will be deemed to have full knowledge of the recorded document
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