What is actual notice?

Actual notice refers to direct knowledge or express information regarding a fact. In the context of real estate, this means that a person is made aware of specific information about a property through direct communication or observation. For example, if a buyer is told about existing liens on a property by the seller, they have actual notice of those liens because they received this information directly.

In contrast, other choices reflect different concepts. A general warning about potential risks does not provide concrete or specific information and lacks the directness required for actual notice. Indirect knowledge about a property involves situations where a person learns information through inference rather than direct communication, which does not qualify as actual notice. A statement made by a third party may contain relevant information but does not ensure that the individual has direct knowledge of the facts.

In essence, actual notice is focused on the idea that an individual has been fully informed through direct means, creating an obligation or awareness that may influence decisions or legal accountability in real estate transactions.