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Current as of January 01, 2024 | Updated by FindLaw Staff
Upon the termination of a life estate, a tenancy granted by the life tenant which is not a farm tenancy shall continue until one of the following first occurs:
1. The date previously agreed upon for termination of the tenancy without notice.
2. If the tenant is a tenant at will, upon the expiration of the period provided by section 562.4.
3. If the tenancy is for less than one year, sixty days after the end of the month in which the life estate terminated.
4. If the tenancy is for a year or more, one year after the end of the month in which the life estate terminated. However, if the lease is binding upon the holder of the successor interest by the provision of a trust or by specific commitment of the holder of the successor interest, the lease shall terminate as provided by that provision or commitment.
Cite this article: FindLaw.com - Iowa Code Title XIV. Property [Chs. 555-594A] § 562.9. Termination of life estate--nonfarm tenancy - last updated January 01, 2024 | https://codes.findlaw.com/ia/title-xiv-property-chs-555-594a/ia-code-sect-562-9/
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 or via Westlaw before relying on it for your legal needs.
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