If a deed is not recorded:

A deed that is not recorded is still considered valid between the parties involved in the transaction. However, failing to record the deed introduces risks regarding the protection of the title and possible future claims.

In this context, claims on the title might arise after the unrecorded deed is executed. If another party subsequently records their deed for the same property, this new claim could take precedence, especially if that party is unaware of the prior unrecorded deed. By recording a deed, a party establishes a public record of their ownership, which serves as a notice to others, thus protecting their interest in the property.

Therefore, while the unrecorded deed remains legally binding between the initial parties, it is indeed subject to risks, primarily the potential that other claims may take priority if those claims are recorded.