RELEASE OF OWNER’S INTEREST IN ABANDONED HOME.

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55-2009D. RELEASE OF OWNER’S INTEREST IN ABANDONED HOME. (1) A legal owner of an abandoned home in the possession of a person holding a lien under the provisions of this chapter may release any interest in the home after the lien has attached.

(2) The release shall contain the following information:

(a) A description of the abandoned home, including the year, make and vehicle identification number;

(b) The names and addresses of the legal owners of record;

(c) A statement of the amount of the lien and the facts concerning the claim which give rise to the lien; and

(d) A statement that the person releasing the interest understands that he or she has a legal right to a hearing in court prior to the sale of the abandoned home and that he or she waives the right to contest the claim.

(3) A copy of the release shall be filed with the department in connection with the transfer of interest in an abandoned home under the provisions of this section.

History:

[55-2009D, added 2011, ch. 184, sec. 13, p. 529.]


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