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race to the courthouse

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0.09 sec.

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)

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It would prevent a race to the courthouse all over the United States. Litigation Concerns Emerge by Pilla, David / Best's Review 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. LitWatch Ranks Busiest Litigation ''Piranhas'' by Business Wire More results

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