Iowa Code 596.7 – Revocation
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Terms Used In Iowa Code 596.7
- 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
- person: means individual, corporation, limited liability company, government or governmental subdivision or agency, business trust, estate, trust, partnership or association, or any other legal entity. See Iowa Code 4.1
- property: includes personal and real property. See Iowa Code 4.1
596.7 Revocation.
After marriage, a premarital agreement may be revoked only as follows:
1. By a written agreement signed by both spouses. The revocation is enforceable without consideration.
2. To revoke a premarital agreement without the consent of the other spouse, the person seeking revocation must prove one or more of the following:
a. The person did not execute the agreement voluntarily.
b. The agreement was unconscionable when it was executed.
c. Before the execution of the agreement the person was not provided a fair and reasonable disclosure of the property or financial obligations of the other spouse; and the person did not have, or reasonably could not have had, an adequate knowledge of the property or financial obligations of the other spouse.
91 Acts, ch 77, §7
After marriage, a premarital agreement may be revoked only as follows:
1. By a written agreement signed by both spouses. The revocation is enforceable without consideration.
2. To revoke a premarital agreement without the consent of the other spouse, the person seeking revocation must prove one or more of the following:
a. The person did not execute the agreement voluntarily.
b. The agreement was unconscionable when it was executed.
c. Before the execution of the agreement the person was not provided a fair and reasonable disclosure of the property or financial obligations of the other spouse; and the person did not have, or reasonably could not have had, an adequate knowledge of the property or financial obligations of the other spouse.
91 Acts, ch 77, §7