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Property Emergency Question.
Posted: Wed May 05, 2010 8:24 pm
by rbgrocio
O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:25 pm
by Renzo
Didn't do recording my class. Sorry.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:41 pm
by rbgrocio
Renzo wrote:Didn't do recording my class. Sorry.
ok.... anyone who did?
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:46 pm
by seespotrun
rbgrocio wrote:O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
Race: C.
Notice: C.
Race-Notice: C.
Edited to avoid epic fail.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:50 pm
by rbgrocio
seespotrun wrote:rbgrocio wrote:O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
Race: E.
Notice: C.
Race-Notice: E.
Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:51 pm
by seespotrun
rbgrocio wrote:seespotrun wrote:rbgrocio wrote:O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
Race: E.
Notice: C.
Race-Notice: E.
Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
CCC
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:54 pm
by 270910
rbgrocio wrote:Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
What makes you say the deed E recorded is not valid?
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:58 pm
by seespotrun
disco_barred wrote:rbgrocio wrote:Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
What makes you say the deed E recorded is not valid?
Because a reasonable title search would reveal that D never recorded.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:58 pm
by rbgrocio
disco_barred wrote:rbgrocio wrote:Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
What makes you say the deed E recorded is not valid?
There is a gap in the chain of title. The O to D deed has not been recorded. According to our property book, that's a wild deed.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 8:59 pm
by rbgrocio
seespotrun wrote:disco_barred wrote:rbgrocio wrote:Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
What makes you say the deed E recorded is not valid?
Because a reasonable title search would reveal that D never recorded.
So basically a person who has a wild deed is always like on inquiry notice, rite?
Re: Property Emergency Question.
Posted: Wed May 05, 2010 9:00 pm
by seespotrun
rbgrocio wrote:seespotrun wrote:disco_barred wrote:rbgrocio wrote:Ok... I know that it is either CCC or CEC... it is one of the two! E's deed is wild so he was not the first one to record a valid deed.
What makes you say the deed E recorded is not valid?
Because a reasonable title search would reveal that D never recorded.
So basically a person who has a wild deed is always like on inquiry notice, rite?
Basically. Some jurisdictions would even consider it constructive notice. At any rate, it makes E less than bona fide.
Re: Property Emergency Question.
Posted: Wed May 05, 2010 11:00 pm
by vamedic03
seespotrun wrote:rbgrocio wrote:seespotrun wrote:disco_barred wrote:
What makes you say the deed E recorded is not valid?
Because a reasonable title search would reveal that D never recorded.
So basically a person who has a wild deed is always like on inquiry notice, rite?
Basically. Some jurisdictions would even consider it constructive notice. At any rate, it makes E less than bona fide.
Um . . . that's not a wild deed . . . E is a subsequent bona fide purchaser without notice and, under shelter rule, he would step into D's shoes
So Race - E wins
Notice - E wins (shelter rule)
Race-Notice - I dont feel like thinking about it
Re: Property Emergency Question.
Posted: Wed May 05, 2010 11:13 pm
by solidsnake
rbgrocio wrote:O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
C v. E
N=E because of shelter rule
RN= If zimmer rule (not valid recording if not whole chain of title) applies, then C. If no Zimmer rule, then E
R= if zimmer rule applies, then C. If no Zimmer rule, then E
Re: Property Emergency Question.
Posted: Wed May 05, 2010 11:15 pm
by seespotrun
solidsnake wrote:rbgrocio wrote:O to A (( A does not record)
O to C ( C does not record)
O to D (D does not record)
D to E ( E records)
C records.
D records.
Between C and E who wins in a race, notice, and race-notice jurisdiction?
C v. E
N=E because of shelter rule
RN= If zimmer rule (not valid recording if not whole chain of title) applies, then C. If no Zimmer rule, then E
R= if zimmer rule applies, then C. If no Zimmer rule, then E
I think this thread is proof that property law is hilarious.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 8:32 am
by samiseaborn
We didn't cover the Zimmer rule at all, so going on the most basic knowledge of recording; EEE if no one had notice of anything.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 9:25 am
by SlipperyPete
.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 9:33 am
by 270910
What slippery pete wrote makes sense to me. It could still be wrong.
As a further point, it's worth noting that these crazy hypos can be counter intuitive. For example, in the notice version, even if E is the current champion the horrible state of the title means that he probably won't be protected if O makes ANOTHER conveyance. In the real world, he also would have needed to both take a quitclaim deed and be a raging moron to have even temporary protection under a notice statute. But it's important to realize that the way these statutes work, you START with "first in time wins" and then you look for a "subsequent purchaser in good faith for value." The law is putting a lot of weight on being the last person who purportedly received the deed, as long as you (won the race, took without notice, or both).
As a policy matter, E winning punishes all of the prior purchasers for not recording their interests, but even once recorded E isn't in a great place. He's probably protected from D attempting to convey, but if O feels like shipping a deed off to F then the fact that E's deed will not be discoverable by F means that under some formulations of the statute (especially notice) E will wind up hosed.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 9:45 am
by SlipperyPete
.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 9:53 am
by 270910
SlipperyPete wrote:disco_barred wrote:As a policy matter, E winning punishes all of the prior purchasers for not recording their interests, but even once recorded E isn't in a great place. He's probably protected from D attempting to convey, but if O feels like shipping a deed off to F then the fact that E's deed will not be discoverable by F means that under some formulations of the statute (especially notice) E will wind up hosed.
This is a good point. Well, given the entire hypo offered by OP, the problem of O to F as it affects E seems to be mitigated because O to D is on the books. F would have constructive notice of O to D and D to E. But if OP's hypo ended right after "D to E (E records)," then yeah, O to F would eff E. I'm going to include that point on my exam if it comes up.
Yup, you're right. I was envisioning an O to F conveyance prior to or without the other recording rather than at the end of the hypo. Just worth thinking about not just who is protected by the recording statute today, but what effect it will have if chicanery persists tomorrow.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 4:18 pm
by rbgrocio
Property is stupid. All 1Ls have the same professor and we had our final today and everyone has a different theory on why one answer is right and not another. That thing was multiple choice and I think I got a bad grade.
What about this?
M------> L (for value) L does not record.
M ------> A (for value) A does not record.
A ------> S ( for value) S does not record.
L-------> J for value and J does not record.
J and S record the same day.
What happens in a race jurisdiction?
Race notice?
and Notice?
Different books say different things about this so I just have no clue of what the answer is. We got something like this in the final. This is what I do, which I think is clearly wrong.
Race: I put J wins because the race statute does not apply since they both of them recorded at the same time, and we cant tell who got to the recorder first. So I used the common law rule of first in time. But I didn't choose S though I had initially chosen S because at common law L had a superior title to A (first in time) so when she transferred to J, J acquired that superior title. All S acquired was A's not-superior title. Thus I thought J should win. This, of course is a theory I came up with on the spot! lol.
Under Notice: S wins because she steps on the shoes of A.
Under Race-Notice: L wins.
I hate property!!!!
Re: Property Emergency Question.
Posted: Thu May 06, 2010 4:56 pm
by 270910
rbgrocio wrote:Property is stupid. All 1Ls have the same professor and we had our final today and everyone has a different theory on why one answer is right and not another. That thing was multiple choice and I think I got a bad grade.
What about this?
M------> L (for value) L does not record.
M ------> A (for value) A does not record.
A ------> S ( for value) S does not record.
L-------> J for value and J does not record.
J and S record the same day.
What happens in a race jurisdiction?
Race notice?
and Notice?
Different books say different things about this so I just have no clue of what the answer is. We got something like this in the final. This is what I do, which I think is clearly wrong.
Race: I put J wins because the race statute does not apply since they both of them recorded at the same time, and we cant tell who got to the recorder first. So I used the common law rule of first in time. But I didn't choose S though I had initially chosen S because at common law L had a superior title to A (first in time) so when she transferred to J, J acquired that superior title. All S acquired was A's not-superior title. Thus I thought J should win. This, of course is a theory I came up with on the spot! lol.
Under Notice: S wins because she steps on the shoes of A.
Under Race-Notice: L wins.
I hate property!!!!
Push it out of your mind. It's done; move on; drink.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 6:30 pm
by rbgrocio
disco_barred wrote:rbgrocio wrote:Property is stupid. All 1Ls have the same professor and we had our final today and everyone has a different theory on why one answer is right and not another. That thing was multiple choice and I think I got a bad grade.
What about this?
M------> L (for value) L does not record.
M ------> A (for value) A does not record.
A ------> S ( for value) S does not record.
L-------> J for value and J does not record.
J and S record the same day.
What happens in a race jurisdiction?
Race notice?
and Notice?
Different books say different things about this so I just have no clue of what the answer is. We got something like this in the final. This is what I do, which I think is clearly wrong.
Race: I put J wins because the race statute does not apply since they both of them recorded at the same time, and we cant tell who got to the recorder first. So I used the common law rule of first in time. But I didn't choose S though I had initially chosen S because at common law L had a superior title to A (first in time) so when she transferred to J, J acquired that superior title. All S acquired was A's not-superior title. Thus I thought J should win. This, of course is a theory I came up with on the spot! lol.
Under Notice: S wins because she steps on the shoes of A.
Under Race-Notice: L wins.
I hate property!!!!
Push it out of your mind. It's done; move on; drink.
I don't drink! and I'm horrible at pushing things out of my mind.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 6:34 pm
by 270910
rbgrocio wrote:I don't drink! and I'm horrible at pushing things out of my mind.
1) try drinking?
2) I know me too fml we're doomed
3) aaaaaaahhhhhhhhh
Re: Property Emergency Question.
Posted: Thu May 06, 2010 6:41 pm
by rbgrocio
disco_barred wrote:rbgrocio wrote:I don't drink! and I'm horrible at pushing things out of my mind.
1) try drinking?
2) I know me too fml we're doomed
3) aaaaaaahhhhhhhhh
I don't drink ever. I feel like I have failed every final, and I am going to lose my spot. I hate law school rite now.
Re: Property Emergency Question.
Posted: Thu May 06, 2010 7:36 pm
by flhealth
that final was stupid. nice job Carlton, you "got" us.