Tag Archive: "Iowa"
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Iowa Adopts Electronic Notary Provisions
The state of Iowa has adopted provisions relating to its Revised Uniform Law of Notarial Acts. These provisions are effective as of July 1, 2020.
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Iowa Amends Provisions Regarding Permissible Interest Rates and Charges
Iowa has modified provisions relating to permissible interest rates and charges for certain loans. These changes are effective as of July 1, 2019.
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Iowa Modifies Provisions Regarding Redemption of Property
Iowa has amended its provisions regarding redemption of real property. Under the new provisions, the time periods for redeeming real property from foreclosure and for delaying sale of a foreclosed property have been reduced. These changes are effective as of July 1, 2018.
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Iowa Amends Power of Attorney Act
Iowa has made amendments to its Power of Attorney Act regarding an agent’s termination or suspension of authority. These provisions are effective as of July 1, 2018.
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Iowa Amends Provisions Relating to Mortgage Releases and Powers of Attorney
Iowa has made several changes to its mortgage release provisions. These changes are effective as of July 1, 2018. Acknowledging Satisfaction of a Debt The first amendment imposes a time restriction on a mortgagee’s obligation to acknowledge satisfaction of a mortgage debt. A mortgagee now has thirty days from the time payment is made in […]
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Iowa Amends Rules Governing Military Service Member Home Ownership Assistance Program
The Iowa Finance Authority has recently clarified and simplified the rules governing the state’s Military Service Member Home Ownership Assistance Program, effective November 29, 2017.
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Iowa Adopts Mortgage and Real Estate Licensing Provisions
The Iowa Department of Commerce, Division of Banking, has enacted licensing provisions regarding mortgage bankers, mortgage brokers, real estate closing agents, and mortgage loan originators. These provisions are effective as of July 1, 2017.
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Iowa Modifies Consumer Credit Code Provisions
Iowa has modified several minor provisions under the Consumer Credit Code. These provisions are effective as of July 1, 2017.
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Iowa Enacts Provisions Regarding its Uniform Fiduciary Access to Digital Assets Act
The state of Iowa enacted provisions regarding its Uniform Fiduciary Access to Digital Assets Act. The act clarifies the law regarding access to digital assets in the case of death or incapacitation and grants fiduciaries access to a user’s online accounts, correspondences, and other computer files, if specified in his or her will, trust, or similar agreement.
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Iowa Enacts Provisions Regarding Uniform Power of Attorney Act
by: Paul McSheffreyWith Senate File 2168, the Iowa legislature has enacted the Uniform Power of Attorney Act. Beginning with the new section 633B.101, the act covers various subjects relating to powers of attorney including execution, jurisdiction, nomination of a conservator or guardian, when effective, termination, duties of a principal’s agent, and judicial relief available. The […]