Which notices provide explicit knowledge regarding ownership or legal interests in property?

The correct answer is based on the distinctions between different types of notice related to ownership or legal interests in property. "Constructive and Actual Notice" are the two categories that convey explicit knowledge.

Constructive notice refers to information that someone can obtain through public records or other legal means. It indicates that a party is presumed to know something because it is publicly available, regardless of whether they actually have reviewed that information. This type of notice is crucial because it ensures that parties engaging in transactions relating to property cannot claim ignorance of information that should have been available to them.

Actual notice, on the other hand, occurs when a person has direct, explicit knowledge of a fact. In the context of property law, it means being directly informed about ownership or legal interests, which reinforces the rights and obligations of those involved in property transactions.

Together, constructive and actual notice provide a comprehensive framework for understanding and acknowledging legal ownership and interests in property. This is fundamental in real estate transactions and disputes, as it establishes a clear basis for knowing who has legal rights to a property.