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One of the responsibilities of the Maricopa County Recorder's Office is the recordation and maintenance of public documents. These public records include an array of documents but the vast majority are real-estate related. The Office records approximately 1 million documents annually and interacts with 3,000 to 5,000 customers on a daily basis. [9]
Therefore, it behooves purchasers and mortgage lenders to record their deeds or mortgages, respectively, to prevent this outcome. Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office.
Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales—basically, any legal document that affects the property. The abstract will show the names of all property owners, how long a particular holder owned it, and the price of the land when it was sold.
Each record is a document evidencing an event that occurred in the history of the property. A deed records an event of property transfer, mortgage documents the collateral interest of a home loan, and a lien documents a claim against the property in favor of another, such as a creditor, vendor, or tradesman.
Notarization by a notary public is normally not required for a real estate contract, but many recording offices require that a seller's or conveyor's signature on a deed be notarized to record the deed. The real estate contract is typically not recorded with the government, although statements or declarations of the price paid are commonly ...
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