An electronic record that grants a legal or equitable interest in real property, including a deed, mortgage, deed of trust, pledge, security interest, or other lien or encumbrance, and any disclosure required under chapter 558A shall comply with all of the following:
1. Be created using a security procedure and signed by use of a digital signature.
2. Shall not be recorded or have effect against third parties until a duplicate paper original of the electronic record is executed in writing by the parties, acknowledged, and recorded. The burden of proof that the duplicate paper original of the electronic record is identical to the original electronic record rests upon the party submitting the duplicate paper original.
3. Comply with all requirements of Iowa law regarding the recording of instruments and all other applicable state requirements.
2000 Acts, ch 1189, §9
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