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Current as of January 01, 2024 | Updated by Findlaw Staff
If a new title to a valueless home is to be issued to a third party, the county treasurer shall issue a new title, upon receipt of the affidavit required in section 555C.2 and payment of a fee pursuant to section 321.47. Any tax lien levied pursuant to chapter 435 is canceled and the ownership interest of the previous owner or occupant of the valueless home is terminated as of the date of issuance of the new title. The new title owner shall take the title free of all rights and interests even though the manufactured home community or mobile home park owner fails to comply with the requirements of this chapter or any judicial proceedings, if the new title owner acts in good faith.
Cite this article: FindLaw.com - Iowa Code Title XIV. Property [Chs. 555-594A] § 555C.3. New title--third party - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiv-property-chs-555-594a/ia-code-sect-555c-3/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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