Iowa Code 331.601A – Definitions
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As used in this part, unless the context otherwise requires:
1. “Batch basis” means the delivery of an accumulation of electronic documents or records recorded or maintained by the county recorder.
Terms Used In Iowa Code 331.601A
- Deed: The legal instrument used to transfer title in real property from one person to another.
- deed: is a pplied to an instrument conveying lands, but does not imply a sealed instrument; and the words "bond" and "indenture" do not necessarily imply a seal, and the word "undertaking" means a promise or security in any form. See Iowa Code 4.1
- following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Recorder: means the county recorder or a deputy recorder or employee designated by the county recorder. See Iowa Code 331.101
- United States: includes all the states. See Iowa Code 4.1
2. “Document” or “instrument” means a writing or drawing presented to the recorder for recording, consisting of one or more pages of text and attachments.
3. “Electronic document” means a document or instrument that is received, processed, disseminated, or maintained in an electronic format. The submission of an electronic document through the county land record information system electronic submission service shall be equivalent to delivery of a document through the United States postal service or by personal delivery at designated offices in each county. Persons who submit electronic documents for recording are responsible for ensuring that the electronic documents comply with all requirements for recording.
4. “File or submit” means the act of delivering a document or instrument to a recording office for recording into the public records.
5. “Grantor and grantee” means the names of the transferor and transferee in the transaction used to create the recording index.
6. “Legible” means capable of being read or deciphered without magnification regardless of the recording process.
7. “Page” means a writing, printing, or drawing, other than a plat or survey or a drawing related to a plat or survey, occurring on one side only and covering all or part of such side, and not larger than eight and one-half inches in width and fourteen inches in length.
8. “Record” means a process whether by manual, mechanical, electronic, optical, magnetic, microfilm, or other methods of storage, after filing or submission, to incorporate a document or instrument into the public record.
9. “Transaction” means a specific legal action in the form of or evidenced by one of the following:
a. A title or caption including but not limited to a deed, deed of trust, mortgage, or power of attorney.
b. A subsequent reference to an original document or instrument including but not limited to an assignment or release or satisfaction of mortgage.