Iowa Code 633.241 – Time for election to receive life estate in homestead
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Iowa Code 633.241
- Clerk: means "clerk of the district court" in the county in which the matter is pending and includes the term "clerk of the probate court". See Iowa Code 633.3
- Court: means , when referring to a court of this state, the district court sitting in probate with jurisdiction of conservatorships and guardianships. See Iowa Code 633.701
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Surviving spouse: means the surviving wife or husband, as the case may be. See Iowa Code 633.3
If the surviving spouse does not make an election to receive the life estate in the homestead and file it with the clerk within four months from the date of service of notice under section 633.237, it shall be conclusively presumed that the surviving spouse waives the right to make the election. The court on application may, prior to the expiration of the period of four months, for cause shown, enter an order extending the time for making the election.