This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam.

In this episode you will learn:

• The distinction between constructive notice through public records and actual notice through direct knowledge.

• How Race statutes prioritize the first claimant to record a deed regardless of their knowledge of prior sales.

• The criteria for becoming a bona fide purchaser and how Notice statutes protect those without knowledge of prior claims.

• The dual requirements of the Race-Notice statute which demand both a lack of notice and being the first to record.

• Why wild deeds fail to provide constructive notice and the exam traps surrounding unrecorded but valid deeds.

For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep