Iowa § 651.21 Proceeds of property partitioned by sale

Iowa Statutes

§ 651.21 — Proceeds of property partitioned by sale

Iowa § 651.21

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 651PARTITION

This text of Iowa § 651.21 (Proceeds of property partitioned by sale) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 651.21 (2026).

Text

1.After a property has been partitioned by sale, a party, including a holder of a lien from which the property has been freed by the sale, shall have the same rights or interests in the proceeds as the party had in the property sold, subject to a prior charge for costs.

2.The court shall appoint a trustee, or order other suitable provisions, for the proceeds of a share held for life or years in the remainder. The ascertained share of any absent owner shallberetained,ortheproceedsinvestedfortheowner’sbenefit,underanorderofthecourt.

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1. After a property has been partitioned by sale, a party, including a holder of a lien from
which the property has been freed by the sale, shall have the same rights or interests in the
proceeds as the party had in the property sold, subject to a prior charge for costs.
2. The court shall appoint a trustee, or order other suitable provisions, for the proceeds
of a share held for life or years in the remainder. The ascertained share of any absent owner
shallberetained,ortheproceedsinvestedfortheowner’sbenefit,underanorderofthecourt.