Article 4Effect of Recording, or the Want Thereof
Section § 1213
When you officially record a legal document that transfers ownership of property, it serves as public notice to other buyers and lenders about what's in the document. If you record this document in another county, it holds the same legal power as if you were recording the original document. If the document was originally recorded in a different county from where the property is located, you can record a certified copy where the property is, and it will have the same impact as recording the original there.
Section § 1214
If you sell or transfer ownership of real estate or a long-term lease (over a year), it won't be valid against someone else who later buys or lends money on that property without knowing about your deal. To protect your transaction, you must record it officially before someone else records their claim or before a legal judgment affects the property's title.
Section § 1215
This law explains that the term "conveyance" includes any written document that changes ownership, creates a mortgage or other claim on property, or otherwise affects a property's title, but it does not include wills.
Section § 1216
If you've given someone the power to handle real estate matters for you through a legal document, you can't just take that power back on a whim. To officially cancel it, you need to record a new document that clearly states the revocation and ensure it's properly acknowledged and filed in the same place as the original document.
Section § 1217
This law says that a legal document, like a contract or deed, that hasn’t been officially recorded in public records is still valid and enforceable between the people who signed it and anyone who is aware of it.
Section § 1218
If you have a certified copy of a document that changes ownership of a piece of land or property, you can record it in another county. Once it's recorded there, it works just like the original document would.
Section § 1219
Oil and gas leases can be formally recognized and recorded much like property deeds. Additionally, people can record fictitious (or placeholder) oil and gas leases without needing to formally verify them. These fictitious leases must be clearly marked, and they are indexed like regular leases. When creating a new lease, you can refer to provisions from these recorded fictitious leases instead of writing them out in full, as long as you provide specific details such as the date and location of the original recording. This way, everyone involved is held to these referenced terms as if they were included entirely in the new lease.
Section § 1220
This law explains that if you're buying or selling standing trees or timber, similar rules apply as when you're dealing with real estate transactions. This means any contracts or documents related to these trees can be officially recognized and recorded just like property deeds. The law also covers any agreements made before 1959, giving those unrecorded contracts a year from the amendment's date to align with these property-related rules.