Iowa legal term
Resale price in Iowa Criminal Law
Current through 2026 Iowa legislative session
In Iowa criminal law, “Resale price” 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 price” mean in Iowa criminal law?
“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 but not limited to contract for deed payments, real estate contracts, or real estate taxes. (Iowa Code § 714F.1)
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This reference is informational and is not legal advice.