In Most States, It Is Not Necessary to Record a Deed

question 26

True/False

In most states, it is not necessary to record a deed for title to pass to the grantee.

---

Definitions:

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

National Bank

A financial institution chartered by the government of a country, responsible for providing financial services to the government and playing an important role in the country's economy.

Constitutionality

Pertaining to the adherence or conformity to the principles or provisions of a constitution, especially the United States Constitution.