A deed executed by Frank in 1977 conveyed B/A for consideration of one dollar, receipt of which was acknowledged, “to Lisa for life, then to the heirs of Lisa.” A life interest in B/A for the life of Lisa is worth $20,000 on the date of conveyance. The total worth of B/A is $50,000. Lisa accepted but didn’t record the deed. The recording statute in this jurisdiction provided “unless recorded all written instruments affecting title to land are void as to subsequent purchasers who paid value and without notice.” In 1981 Frank purported to convey B/A in fee simple absolute to his two sons, Charlie and Doug, by a warranty deed as a gift. Charlie and Doug recorded the deed. Shortly after, Lisa ascertained that Charlie and Doug were about to take possession of B/A. As a consequence, Lisa promptly recorded the deed.
In a dispute between Lisa and Frank’s children as to the ownership of B/A, what result?