Iowa Assignment in Lieu of Prior Assignment to Correctly State Amount of Interest Assigned

State:
Multi-State
Control #:
US-OG-585
Format:
Word; 
Rich Text
Instant download

Description

This is a form of an Assignment in Lieu of Prior Assignment to Correctly State the Amount of Interest Assigned.

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FAQ

Failure to record a conveyance or lease of agricultural land required to be recorded by this section by the grantee or lessee within the specified time limit is punishable by a fine not to exceed one hundred dollars per day for each day of violation.

Remember, the Iowa statute requires you to disclose "material" problems concerning your home. Material is understood to mean a problem that would significantly and adversely affecting the property's value, significantly reduce its structural integrity, or present a significant health risk to its occupants.

558.70 Contract disclosure statement required for certain residential real estate installment sales.

In a ?subject to? sale, the buyer doesn't work with the lender at all; they take over the seller's existing mortgage. The seller's name remains on the loan. So, the seller is ultimately responsible for the mortgage, even though they don't own the property.

558.31 Proof of execution and delivery in lieu of acknowledgment.

To exercise the Option to Purchase, the Buyer/ Tenant must deliver to the Seller/Landlord written notice of Buyer/Tenant's intent to purchase. In addition, the written notice must specify a valid closing date.

558.44 Mandatory recordation of conveyances and leases of agricultural land.

The board shall not dispose of real property by gift except for a public purpose, as determined by the board, in ance with other state law.

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Iowa Assignment in Lieu of Prior Assignment to Correctly State Amount of Interest Assigned