508A.49 INTEREST LESS THAN FEE; NOTICED BY MEMORIAL.
No new CPT shall be issued upon any transfer of land registered under sections
508A.01 to
508A.85 which does not divest the title in fee simple of the land, or some part of it. All interests in
the registered land, less than an estate in fee simple, shall be registered by filing with the registrar
the instrument which creates, transfers, or claims the interest, and by brief memorandum or
memorial of it made and signed by the registrar upon the CPT. The cancellation of interests shall
be registered in the same manner.
History: 1982 c 396 s 42; 1983 c 92 s 31; 1999 c 11 art 1 s 51