Iowa legal term
Resale in Iowa Criminal Law
Current through 2026 Iowa legislative session
In Iowa criminal law, “Resale” is a term defined by statute rather than by its everyday meaning. Its statutory definition — quoted verbatim below — controls how the term is applied throughout the Iowa criminal code.
What does “Resale” mean in Iowa criminal law?
“Resale” means a bona fide market sale of the property subject to the foreclosure reconveyance by the foreclosure purchaser to an unaffiliated third party. 6. “Resale price” means the gross sale price of the property on resale. 7. “Residence in foreclosure” or “affected residence” means residential real property consisting of one to four family dwelling units, one of which the foreclosed homeowner occupies as the foreclosed homeowner’s principal place of residence, where a delinquency or default on any loan payment or debt is secured by or attached to the residential real property, including b (Iowa Code § 714F.1)
Statutes defining or using this term
Related terms in the same statutes
This reference is informational and is not legal advice.