Not recording a deed can cause problems for the grantee. They may be unable to obtain a mortgage, insure the property, or sell it. Even more problematic, an unrecorded deed may make it possible for the grantor to sell the property to two different buyers. If the original buyer failed to record the deed, the property could be sold out from under them.
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propertytitling
Gregory S. DuPont
Benefit Trade-Offs in Property Titling
Each form of property ownership has specific implications, and, when assessing a method, the benefits gained must be balanced against the benefits lost.