Every grant of an estate in real property is conclusive against the grantor, also against every one subsequently claiming under him, except a purchaser or encumbrancer who in good faith and for a valuable
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consideration acquires a title or lien by an instrument that is first duly recorded. SOURCE: CC '1107. CROSS-REFERENCES: See 21 GCA '29146 and '29139 regarding the rights of parties in registered land.