Consider the following facts: Seller sells her property to Buyer 1 on June 1st, telling Buyer 1 that he may take possession of the property on July 1st. Buyer doesn't record the deed until June 30th. In the meantime, Seller sells the same property a second time to Buyer 2 on June 15th, telling Buyer 2 the same possession date of July 1st. Buyer 2 records the deed on the same day as the sale... June 15th. On July 1st, Buyer 1 & Buyer 2 "meet" at the residence. Each claims to hold legal title.

Answer the following questions: Who is the lawful owner in a pure-notice state? Why?

Who is the lawful owner in a pure-race state? Why?

Who is the lawful owner in a race-notice state? Why?