context: North Carolina law requires that the county commissioners of each county "provide for the register of deeds" in a "book, to be called Registration of Titles." See N.C. Gen.Stat. SS 43-13. Since conveyances of land, contracts and options to convey land, leases over three years, and mortgages and deeds of trusts are required to be recorded in the Registration of Titles book in order to be effective against lien creditors or purchasers for value, see N.C. Gen.Stat. SSSS 47-18, 47-20, the book establishes a chain of title on which purchasers can rely.
citation_a.signal: see
citation_a.parenthetical: purchaser charged with notice of all facts disclosed by an examination of the chain of title
citation_a.sentence: See Hensley v. Ramsey, 283 N.C. 714, 199 S.E.2d 1, 10 (1973) (purchaser charged with notice of all facts disclosed by an examination of the chain of title); see also Chrysler Credit Corp. v. Burton, 599 F.Supp. 1313, 1318 & n. 9 (M.D.N.C.1984) (“[P]ublic record concerning the status of land titles” is established by recording in the Registration of Titles as required by North Carolina General Statutes §§ 47-18 & 47-20). Moreover, the North Carolina courts have clarified that the purpose of these North Carolina recording provisions is to establish a “single reliable means for purchasers to determine the state of the title to real estate,” and to impute constructive notice only of “all duly recorded documents that a proper examination of the title would reveal.”
citation_b.signal: see also
citation_b.parenthetical: "[P]ublic record concerning the status of land titles" is established by recording in the Registration of Titles as required by North Carolina General Statutes SSSS 47-18 & 47-20
citation_b.sentence: See Hensley v. Ramsey, 283 N.C. 714, 199 S.E.2d 1, 10 (1973) (purchaser charged with notice of all facts disclosed by an examination of the chain of title); see also Chrysler Credit Corp. v. Burton, 599 F.Supp. 1313, 1318 & n. 9 (M.D.N.C.1984) (“[P]ublic record concerning the status of land titles” is established by recording in the Registration of Titles as required by North Carolina General Statutes §§ 47-18 & 47-20). Moreover, the North Carolina courts have clarified that the purpose of these North Carolina recording provisions is to establish a “single reliable means for purchasers to determine the state of the title to real estate,” and to impute constructive notice only of “all duly recorded documents that a proper examination of the title would reveal.”