Which of the following must be recorded in order to gain priority over later security interests in the same parcel of property?

Question

Quizplus · Accepted Answer

Both a deed of trust and a mortgage establish a security interest in a parcel of property, but a deed of trust creates a lien on the property that must be recorded to be valid. Recording the deed of trust provides notice to subsequent parties of the existing security interest and establishes priority among competing claims. Therefore, recording a deed of trust and a mortgage is the best way to gain priority over later security interests.

Which of the Following Must Be Recorded in Order to Gain