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race to the courthouse |
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race to the courthouse n. slang for the rule that the first deed, deed of trust, mortgage, lien or judgment which is recorded with the County Recorder will have priority and prevail over later recordings no matter when the documents were dated. (See: deed, mortgage, lien, judgment) How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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It would prevent a race to the courthouse all over the United States. The results are in as LitWatch releases its most recent compilation of the race to the courthouse by the busiest securities fraud class action law firms in the country. |
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race to the courthouse
