Who deemed seized.

All persons owning real estate not held by an adverse possession shall be deemed to be seized and possessed of the same. [C51, §1199; R60, §2207; C73, §1928; C97, §2912; C24, 27, 31, 35, 39, § 10040; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §557.1 ]