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What Is Recording in Property and Why Is It Important

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Essay

What is recording in property and why is it important in the transfer of real property?


Definitions:

Self-Serving Bias

The common tendency to attribute positive events to one's own character but attribute negative events to external factors.

Better-Than-Average Effect

The cognitive bias where individuals overestimate their own qualities and abilities compared to others.

Displacement

A psychological defense mechanism in which emotional impulses are redirected from a real object to a safer, substitute target.

Defense Mechanism

Unconscious psychological strategies used to cope with reality and maintain self-image.

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