Iowa Statutes
§ 654.23 — No redemption rights after sale
Iowa § 654.23
JurisdictionIowa
Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES
Ch. 654FORECLOSURE OF REAL ESTATE MORTGAGES
This text of Iowa § 654.23 (No redemption rights after 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 § 654.23 (2026).
Text
Themortgagorhasnorighttoredeemaftersale. Juniorlienholdershavenorighttoredeem
after sale. The mortgagee or a junior lienholder may purchase at the sale and, if so, acquire
the same title as would any other purchaser other than the mortgagor. If the mortgagor at
the sale bids an amount equal to the judgment, the property shall be sold to the mortgagor
even though other persons may bid an amount which is more than the judgment. If the
mortgagor purchases at the sale, the liens of junior lienholders shall not be extinguished. If
a person other than the mortgagor purchases at the sale, the liens of junior lienholders are
extinguished.
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Related
Norwest Credit, Inc. v. City of Davenport
626 N.W.2d 153 (Supreme Court of Iowa, 2001)
West Des Moines State Bank v. Pameco, Inc.
501 N.W.2d 555 (Court of Appeals of Iowa, 1993)
Nearby Sections
15
§ 654.1
Equitable proceedings§ 654.10
Amount sold§ 654.11
Foreclosure of title bond§ 654.12
Vendee deemed mortgagor§ 654.12A
Priority of advances under mortgages§ 654.13
Pledge of rents — priority§ 654.15
Continuance — moratorium§ 654.15A
Notice of sale to junior creditors§ 654.15B
Right to intervene — notice§ 654.16
Separate redemption of homestead§ 654.17
Rescission of foreclosure§ 654.17A
Sale free of liensCite This Page — Counsel Stack
Bluebook (online)
Iowa § 654.23, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/654.23.