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Kathy conveys his estate, Sherwood, to her good friend, Betsy, a good faith purchaser on Wednesday. Betsy records the deed on Thursday. On Friday, Kathy

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Kathy conveys his estate, Sherwood, to her good friend, Betsy, a good faith purchaser on Wednesday. Betsy records the deed on Thursday. On Friday, Kathy executes an identical deed, except that the grantee is Ross. The second deed conveys Sherwood to Ross. He knows nothing of the prior conveyance to Betsy. Who owns Sherwood? Why

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