Notice Recording Statutes Law and Legal Definition

Notice recording statutes afford a means of giving constructive notice of ownership respecting estates or interests. For a bonafide purchaser for value and without notice, an unrecorded transfer is invalid. When there is notice recording statutes, a subsequent bonafide purchaser prevails over the prior interest. Subsequent purchaser’s priority is determined upon his/her status at the time s/he acquires the deed. The recording prevents a subsequent purchaser or mortgagee of the land from qualifying as a bonafide purchaser for value without notice. The instrument recorded provides a constructive notice of another's prior ownership or interest in the land.