Chapter 58: Personal And Real Property
Part 6.--MISCELLANEOUS PROVISIONS
Article 34: Marketable Record Title Act
Statute 58-3403: Marketable record title; unbroken chain of title.
Any person who has the legal capacity to own land in this
state and who has
an unbroken chain of title of record to any interest in land for 25
years or more shall be deemed to have a marketable record title to that
interest, subject only to the exceptions and conditions stated in this act.
A person shall be deemed to have an unbroken chain of title when the
official public records disclose a conveyance or other title transaction,
of record not less than 25 years at the time the marketability is
to be determined, which purports to create an interest in land, either in
the person claiming the interest or in some other person from whom, by one
or more conveyances or other title transactions of record, the purported
interest has become vested in the person claiming the
interest and, in
either case, with nothing appearing of record purporting to divest the
claimant of the interest.
History: L. 1973, ch. 227, § 3; L. 1984, ch. 206, § 2; July 1.