[WSBARP] 2nd DOT invalid?
Kary Krismer
Krismer at comcast.net
Tue Mar 29 11:49:28 PDT 2022
Assuming no knowledge of the 2nd DOT, wouldn't client be a BFP and thus
take clear of the 2nd DOT? If that's not the purpose of recording
statutes, I don't know what is.
Did client have title insurance? If so, that would cover the DOT even
if it recorded a couple of hours or days before the deed.
Kary L. Krismer
206 723-2148
On 3/29/2022 11:41 AM, Douglas Scott wrote:
> Client sells property to buyer securing the substantial balance of the
> payments by a 1st DOT. Unknown to the client, 2 months before the
> sale, the buyer had signed a 2nd DOT which buyer then recorded 9 days
> after the sale closed. Would executing the 2nd DOT 2 months before the
> buyer even bought the property render the 2nd DOT invalid?
>
> *DOUGLAS W. SCOTT*
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