race-notice statute

A race-notice statute is a type of recording act which gives priority of title to the first bona fide purchaser to record their claim.  

For example: A purchases a plot of land from O. The next day, B also purchases that plot of land from O. B records their claim before A. Under a race-notice statute, B’s claim has priority over A’s claim if and only if B was a bona fide purchaser, meaning B had no actual or constructive notice as to A’s claim.  

See also race statute and notice statute

[Last reviewed in June of 2025 by the Wex Definitions Team]

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