pure notice statute

pure notice statute

Refers to recordation statutes that say, as between competing claimants to real property or to liens on real property, priority is given to a subsequent claimant who takes its interest without notice of the prior interest.Contrast pure race statute and notice-race statute.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.