Property Ownership
Iowa's Marketable Title Act helps real estate practitioners by:
ARequiring title searches going back to 1800 for all properties
BSimplifying title examination by extinguishing certain claims older than 40 years not preserved by re-recording✓ Correct
CReplacing abstracts of title with title insurance
DMandating that all Iowa titles be insured by Iowa Title Guaranty
Explanation
Iowa's Marketable Title Act (Iowa Code Chapter 614) extinguishes ancient title claims that are not preserved by timely re-recording, allowing abstractors to limit title searches to a defined period and reducing the complexity and cost of title examination.
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