Inquiry Notice
Where facts exist to excite the suspicion of a reasonably prudent person and cause him or her to further investigate or inquire as to the third person’s possible interest in the realty.
- Example : Nancy is purchasing a property from Stacy. However, Nancy is aware that a separate family is currently living in the property. Nancy has inquiry notice, and must determine whether this family has a legal interest in the property. Nancy must determine the family’s status as a renter, owner, or otherwise before proceeding with the purchase.
