Olivia, owner in fee simple of Richacre, a large parcel of vacant land, executed a deed purporting to convey Richacre to her nephew, Grant. She told Grant, who was then 19, about the deed and said that she would give it to him when he reached 21 and had received his undergraduate college degree. Shortly afterward Grant searched Olivia's desk, found and removed the deed, and recorded it. A month later, Grant executed an instrument in the proper form of a warranty deed purporting to convey Richacre to his fiancÃ©e, Bonnie. He delivered the deed to Bonnie, pointing out that the deed recited that it was given in exchange for "$1 and other good and valuable consideration," and that to make it valid Bonnie must pay him $1. Bonnie, impressed and grateful, did so. Together, they went to the recording office and recorded the deed. Bonnie assumed Grant had owned Richacre, and knew nothing about Grant's dealing with Olivia. Neither Olivia's deed to Grant nor Grant's deed to Bonnie said anything about any conditions. The recording act of the jurisdiction provides: "No conveyance or mortgage of real property shall be good against subsequent purchasers for value and without notice unless the same be recorded according to law." Two years passed. Grant turned 21, then graduated from college. At the graduation party, Olivia was chatting with Bonnie and for the first time learned the foregoing facts. The age of majority in the jurisdiction is 18 years. Olivia brought an appropriate action against Bonnie to quiet title to Richacre. The court will decide for 
Olivia, because Grant's deed to Bonnie before Grant satisfied Olivia's conditions was void, as Bonnie had paid only nominal consideration.  Olivia, because her deed to Grant was not delivered.  Bonnie, because Grant has satisfied Olivia's oral conditions.  Bonnie, because the deed to her was recorded.