Iowa Code 555C.3 – New title — third party
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 555C.3
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Home: means a mobile home, modular home, or a manufactured home as defined in section 435. See Iowa Code 555C.1
- Lien: A claim against real or personal property in satisfaction of a debt.
- Manufactured home community: means a manufactured home community as defined in section 435. See Iowa Code 555C.1
- Mobile home park: means a mobile home park as defined in section 435. See Iowa Code 555C.1
- Valueless home: means a home located in a manufactured home community or a mobile home park including all other personal property, where all of the following conditions exist:a. See Iowa Code 555C.1If 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.