When does the 5-day recording period for deeds and security instruments begin?

The 5-day recording period for deeds and security instruments begins at the time "all conditions precedent" are satisfied. This refers to the completion of all necessary steps that must occur before a deed or security instrument can be officially recorded. Conditions precedent may include the satisfaction of financial obligations, obtaining necessary approvals, and ensuring that all required documents are properly signed and executed. Once these conditions have been met, the recording period starts, allowing the parties involved to proceed with the formal recording of the document.

In this context, payment and disbursement are important but do not necessarily define the start of the recording period. The signing of the contract may indicate an intent to complete the transaction but does not encompass the full set of conditions that must be satisfied for recording. The focus on "all conditions precedent" highlights the need for a comprehensive assessment of readiness prior to initiating the recording timeline.