§ 604 - Failure to file notice
§ 604. Failure to file notice
(a) This subchapter shall not bar or extinguish any of the following interests, by reason of failure to file the notice provided for in section 605 of this title:
(1) The interest of any lessor or his successor as reversioner of the right to possession on the expiration of any lease or any lessee or the successor to his rights in and to any lease;
(2) Any interest of a mortgagee, or interest in the nature of a mortgagee's interest, until after the obligation secured by the mortgage has become due and payable;
(3) Any interest of a mortgagee, or interest in the nature of a mortgagee's interest, when the instrument creating the interest contains no due date for the obligation secured thereby;
(4) Any interest held by adverse possession not evidenced by a recorded instrument;
(5) Any remainder interest, reverter or reversionary interest or interest arising upon a condition, except an interest arising upon a condition as to the distance between a structure on real estate and a public highway or other property of a municipality;
(6) Any easement or interest in the nature of an easement, the easement, the existence of which is clearly observable by physical evidences of its use; or
(7) Any easement or interest in the nature of an easement, or any rights appurtenant thereto granted, excepted or reserved by a recorded instrument creating such easement or interest, including any rights for future use, except rights and interests created pursuant to chapter 34 of Title 10.
(b) This subchapter shall not affect any right, title or interest in real estate owned or held by the United States, the state of Vermont, or any political subdivision of the state. (Added 1969, No. 235 (Adj. Sess.), § 2; amended 1977, No. 221 (Adj. Sess.), § 2, eff. April 12, 1978; 1985, No. 259 (Adj. Sess.), § 1.)