race notice statute

race-notice statute. A recording law providing that the person who records first, without notice of prior unrecorded claims, has priority. • About half the states have race-notice statutes. — Also termed race-notice act; notice-race statute. Cf. RACE STATUTE; NOTICE STATUTE. [Cases: Vendor and Purchaser 231(11). C.J.S. Vendor and Purchaser § 502.]

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词条贡献者

译者Kevin，毕业于亚洲顶尖的法学院，擅长翻译各种与国际贸易委员会诉讼 相关的法律文件。