§ 615.1 — Execution on certain judgments prohibited

Iowa § 615.1

• Jurisdiction: Iowa
• Title XV: JUDICIAL BRANCH AND JUDICIAL PROCEDURES
• Ch. 615: LIMITATIONS ON JUDGMENTS

Text

1. After the expiration of a period of two years from the date of entry of judgment,
exclusive of any time during which execution on the judgment was stayed pending a
bankruptcy action or order of court, a judgment entered in any of the following actions shall
be null and void, all liens shall be extinguished, and no execution shall be issued except as
a setoff or counterclaim:
a. For a real estate mortgage, deed of trust, or real estate contract executed prior to July
1, 2009, an action for the foreclosure of the real estate mortgage, deed of trust, or real estate
contract upon property which at the time the foreclosure is commenced is either used for an
agricultural purpose as defined in section 535.13 or as a one-family or two-family dwelling
which is the residence of the mortgagor.
b. Forarealestatemortgage,deedoftrust,orrealestatecontractexecutedonorafterJuly
1, 2009, an action for the foreclosure of the real estate mortgage, deed of trust, or real estate
contract upon property which at the time of the execution of the mortgage, deed, or contract
is either used for, or is being acquired for, an agricultural purpose as defined in section 535.13
or as a one-family or two-family dwelling which is the residence of the mortgagor.
2. Asusedinthissection, “mortgagor”meansamortgagororaborrowerexecutingadeed
of trust as provided in chapter 654 or a vendee of a real estate contract.

Legislative History

[C35, §11033-e1; C39, §11033.1; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §615.1]