Iowa § 655.4 Entry of foreclosure

Iowa Statutes

§ 655.4 — Entry of foreclosure

Iowa § 655.4

Title XVJUDICIAL BRANCH AND JUDICIAL PROCEDURES

Ch. 655SATISFACTION OF MORTGAGES

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Bluebook

Iowa Code § 655.4 (2026).

Text

655.5 Instrument of satisfaction.
When the judgment is paid in full, the mortgagee shall file with the clerk a satisfaction
of judgment which shall release the mortgage underlying the action. A mortgagee who
fails to file a satisfaction within thirty days of receiving a written request shall be subject
to reasonable damages and a penalty of five hundred dollars plus reasonable attorney fees
incurred by the aggrieved party, to be recovered in an action for the satisfaction by the party
aggrieved.

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655.5 Instrument of satisfaction.
When the judgment is paid in full, the mortgagee shall file with the clerk a satisfaction
of judgment which shall release the mortgage underlying the action. A mortgagee who
fails to file a satisfaction within thirty days of receiving a written request shall be subject
to reasonable damages and a penalty of five hundred dollars plus reasonable attorney fees
incurred by the aggrieved party, to be recovered in an action for the satisfaction by the party
aggrieved.