589.10  Marginal assignment of mortgage or lien.

If an assignment of a mortgage or other recorded lien on real estate has been executed more than ten years earlier, by written assignment on the margin of the record where the mortgage or other lien is recorded or entered, the assignment passed all the right, title, and interest in the real estate, which the assignor at the time had, with like force and effect as if the assignment had been made by separate instrument duly acknowledged and recorded; and an assignment or a duly authenticated copy of an assignment when accompanied by a duly authenticated copy of the record of the instrument or lien it purports to assign, is admissible in evidence as provided by law for the admission of the records of deeds and mortgages.

Section History: Early form

  [SS15, § 2963-x2; C24, 27, 31, 35, 39, § 10393; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 589.10]

Section History: Recent form

  84 Acts, ch 1090, § 9; 91 Acts, ch 183, §19


Previous Section 589.9

Next Section 589.11


Return To Home index


© 2003 Cornell College and League of Women Voters of Iowa


Comments about this site or page? webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.

Last update: Tue Jan 28 13:52:42 CST 2003
URL: /DOCS/IACODE/2003/589/10.html
jhf