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.]
专业法律词汇 词条贡献者
法律翻译晓琳,国际知名商学院金融专业,专注翻译各类与金融服务与投资管理有关的法律文件。
Scroll to Top