Iowa § 654.9A Release of superior liens by bond

Iowa Statutes

§ 654.9A — Release of superior liens by bond

Iowa § 654.9A

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 654FORECLOSURE OF REAL ESTATE MORTGAGES

This text of Iowa § 654.9A (Release of superior liens by bond) 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 § 654.9A (2026).

Text

At any time prior to the court’s decree, the plaintiff, or a person guaranteeing title of the
plaintiff’s mortgage, may post a bond with sureties to be approved by the clerk and apply to
the court to release the claim against the property of any person claiming a lien superior to
that of the plaintiff in the property subject to foreclosure. The bond shall be in an amount
not less than twice the amount of the claim, and notice of the bond and the court’s order of
release shall be served on the claimant. Unless the claimant has appeared in the foreclosure
action,theserviceshallbebypersonalservice. Unlesstheclaimantfilesanactiononthebond
withintwelvemonthsfromserviceofthenotice, theclaimantshallbebarredfromanyfurther
remedy. In a successful action on the bond, the court may award the claimant

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At any time prior to the court’s decree, the plaintiff, or a person guaranteeing title of the
plaintiff’s mortgage, may post a bond with sureties to be approved by the clerk and apply to
the court to release the claim against the property of any person claiming a lien superior to
that of the plaintiff in the property subject to foreclosure. The bond shall be in an amount
not less than twice the amount of the claim, and notice of the bond and the court’s order of
release shall be served on the claimant. Unless the claimant has appeared in the foreclosure
action,theserviceshallbebypersonalservice. Unlesstheclaimantfilesanactiononthebond
withintwelvemonthsfromserviceofthenotice, theclaimantshallbebarredfromanyfurther
remedy. In a successful action on the bond, the court may award the claimant reasonable
attorney fees. A guarantor filing such a bond shall be subrogated to any defenses which the
plaintiff may have against the adverse claimant, including but not limited to a defense of lack
of equity in the mortgaged property to secure the adverse claim in its proper priority.