<?xml version='1.0' encoding='utf-8'?>
<section article="grp" article_name="Real Property" number="3-203" title_number="3" title_name="Recordation" subtitle_number="2" subtitle_name="Priorities Based on Recording">
  <text>Every recorded deed or other instrument takes effect from its effective date as against the grantee of any deed executed and delivered subsequent to the effective date, unless the grantee of the subsequent deed has:</text>
  <level label="1">
    <text>Accepted delivery of the deed or other instrument:</text>
    <level label="i">
      <text>In good faith;</text>
    </level>
    <level label="ii">
      <text>Without constructive notice under § 3-202; and</text>
    </level>
    <level label="iii">
      <text>For a good and valuable consideration; and</text>
    </level>
  </level>
  <level label="2">
    <text>Recorded the deed first.</text>
  </level>
</section>
