Recording Act (Race-Notice System in NY)
New York's recording statute provides that an unrecorded conveyance is void as against a later good-faith purchaser for value (or other protected party) who records first. In effect, priority generally depends on both good faith (no notice) and winning the "race" to record.
- Where it applies
- New York State
- When it comes up
- Post-closing (priority/perfection)
- Property types
- All deeded real property
Title and Recording
- Assignment of Mortgage
- Bargain and Sale Deed (With Covenant Against Grantor's Acts)
- Bona Fide Purchaser (BFP)
- Borough-Block-Lot (BBL)
- Chain of Title
- City Register
- Condominium Common Charge Lien
- Consideration
- Conveyance
- Cover Page (NYC Recording)
General information, not legal, tax or financial advice.