Common use of Termination of life estate Clause in Contracts

Termination of life estate. Upon the termination of a life estate interest through the death of the holder of the life estate, any surviving holder or successor in interest shall prepare a change of title or affidavit for tax purposes and shall deliver such instrument to the county recorder of the county in which each parcel of real estate is located. [C51, §1211; R60, §2220; C73, §1941; C97, §2925; X00, 00, 00, 00, 00, §00000; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §558.41] 93 Acts, ch 33, §1; 93 Xxxx, xx 000, §00; 98 Acts, ch 1120, §2; 2004 Acts, xx 0000, §0; 2006 Xxxx, xx 0000, §0 558.42 Acknowledgment as condition precedent. A document shall not be deemed lawfully recorded, unless it has been previously acknowledged or proved in the manner prescribed in chapter 9B, except that affidavits, and certified copies of petitions in bankruptcy with or without the schedules appended, of decrees of adjudication in bankruptcy, and of orders approving trustees’ bonds in bankruptcy, and uniform commercial code financing statements and financing statement changes as provided in chapter 554 need not be thus acknowledged. [C51, §1212; R60, §2221; C73, §1942; C97, §2926; X00, 00, 00, 00, 00, §00000; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §558.42] 90 Xxxx, xx 0000, §00; 91 Xxxx, xx 000, §00; 2004 Acts, ch 1052, §3; 2005 Xxxx, xx 0, §00; 2012 Acts, xx 0000, §00, 60

Termination of life estate. Upon the termination of a life estate interest through the death of the holder of the life estate, any surviving holder or successor in interest shall prepare a change of title or affidavit for tax purposes and shall deliver such instrument to the county recorder of the county in which each parcel of real estate is located. [C51, §1211; R60, §2220; C73, §1941; C97, §2925; X00C24, 0027, 0031, 0035, 0039, §0000010105; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §558.41] 93 Acts, ch 33, §1; 93 XxxxActs, xx 000ch 180, §0091; 98 Acts, ch 1120, §2; 2004 Acts, xx 0000ch 1144, §03; 2006 XxxxActs, xx 0000ch 1031, §0 7 558.42 Acknowledgment as condition precedent. A document shall not be deemed lawfully recorded, unless it has been previously acknowledged or proved in the manner prescribed in chapter 9B, except that affidavits, and certified copies of petitions in bankruptcy with or without the schedules appended, of decrees of adjudication in bankruptcy, and of orders approving trustees’ bonds in bankruptcy, and uniform commercial code financing statements and financing statement changes as provided in chapter 554 need not be thus acknowledged. [C51, §1212; R60, §2221; C73, §1942; C97, §2926; X00C24, 0027, 0031, 0035, 0039, §0000010106; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §558.42] 90 XxxxActs, xx 0000ch 1205, §0060; 91 XxxxActs, xx 000ch 211, §0012; 2004 Acts, ch 1052, §3; 2005 XxxxActs, xx 0ch 3, §0097; 2012 Acts, xx 0000ch 1050, §0050, 60