Once a Document Conveying an Interest in Real Property Is

question 7

Multiple Choice

Once a document conveying an interest in real property is placed in the public records it is binding on the public, whether or not they make an effort to learn of it. Based on the common law tradition, this policy is known as the:

• A) Statute of Frauds
• B) doctrine of constructive notice
• C) habendum clause
• D) actual notice

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Definitions:

Morals

Principles or beliefs concerning right and wrong behavior.

Normal Guilt

Refers to the feelings of regret and responsibility one might experience after having done something wrong or failed to do something right; it is considered a healthy psychological mechanism.

Indecisiveness

A difficulty in making decisions, often stemming from fear of making the wrong choice, anxiety, or a lack of confidence.

Psychopathology

The study of mental disorders, including their symptoms, etiology (causes), and treatment.